Advanced Biomed enters $600K unsecured loan at 10% interest, 6-month term

Advanced Biomed Inc.

Loan of $600,000 from Jie Wang, unsecured, at 10% annual interest, maturing 6 months from disbursement.
Proceeds to be used for general operations; prepayment allowed without penalty or premium.
Term may be extended for an additional 6 months upon mutual written agreement of the parties.
Event of default triggers acceleration and borrower responsible for enforcement costs including attorneys' fees.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

Advanced Biomed Inc. entered into Loan Agreement with Jie Wang valued at US$600,000 (effective 2026-04-13).

Action: entry
Agreement: credit facility
Counterparty: Jie Wang
Value: US$600,000
Effective: 2026-04-13

Exact text from the filing

On April 13, 2026, Advanced Biomed Inc. (the “Company”) entered into a Loan Agreement (the “Loan Agreement”) with Jie Wang

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Advanced Biomed Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-043557

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