AgEagle Aerial Systems Inc. (UAVS): debt financing — AgEagle issues convertible note to Alpha Capital with $0.10/sh conversion price

AgEagle Aerial Systems Inc.

Convertible Note issued to Alpha Capital Anstalt on February 8, 2024.
Initial conversion price set at $0.10 per share, subject to adjustment for reverse stock split.
Closing conditions satisfied, including NYSE American Supplemental Listing Application authorization.

item 8.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

AgEagle Aerial Systems Inc. incurred convertible notes with Alpha.

Instrument: convertible notes
Counterparty: Alpha
Event: incurrence

Exact text from the filing

on February 8, 2024, the Company issued the Convertible Note, which is convertible into shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) at an initial conversion price of $0.10 per share of Common Stock, subject to adjustment based on the Company’s reverse stock split, and as otherwise described therein.

View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

AgEagle Aerial Systems Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-005568

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-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.