SS Innovations sells $21.025M note to Growth Capital Partners for $20M; 8.75% rate, matures 2029

SS Innovations International, Inc.

Issued $21,025,000 secured convertible note to Growth Capital Partners, LLC for $20,000,000; includes $1,000,000 OID and $25,000 investor expenses.
Note bears 8.75% interest compounded daily, matures 36 months after Oct. 9, 2026 closing; secured by IP and assets of SSI IP Holdings and company, excluding SSI-India.
Conversion price is 95% of Market Price; limited redemptions capped at greater of $50,000 or 10% of daily dollar volume; fixed monthly redemptions begin after 12 months at 1/24 of balance.
Investor beneficial ownership capped at 4.99%, adjustable to 9.99%; 8,000,000-share reserve established, increasable in 100,000-share increments; Nasdaq Exchange Cap applies.
Make-whole interest is 100% of remaining interest in year 1, 66.66% in year 2, 33.33% thereafter; guarantors include SSI IP Holdings, CardioVentures, Avra IP and Otto Pvt.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.