other material
confidence high
sentiment neutral
materiality 0.50
Graphjet enters ~$7M secured loan from International Liquidity, pledging 3.157M shares
GRAPHJET TECHNOLOGY
- Loan principal estimated at $7M, equal to 65% LTV of pledged collateral's fair market value.
- Collateral is 3,157,000 GTI shares; 5% annual interest payable quarterly; 5-year maturity.
- Origination fee of 3% deducted from proceeds; prepayment prohibited for first 24 months.
- Loan is non-recourse; shares returned to borrower upon full repayment.
- Master Loan Agreement and Pledge Agreement executed October 16, 2025.