Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Ainos, Inc. incurred convertible notes of $9,000,000 with ASE Test, Inc. at six percent compound interest maturing May 3, 2027.
- Instrument
- convertible notes
- Principal
- $9,000,000
- Counterparty
- ASE Test, Inc.
- Rate
- six percent compound interest
- Maturity
- May 3, 2027
- Event
- incurrence
Exact text from the filing
On May 3, 2024, Ainos, Inc., a Texas corporation (“Ainos”, “we” or the “Company”), entered into a Convertible Note and Warrant Purchase Agreement (the “Agreement”) with ASE Test, Inc., Taiwanese company (“ASE Test”), pursuant to which the Company issued to ASE Test a convertible note in the aggregate principal amount of US$9,000,000.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Ainos, Inc. entered into Convertible Note and Warrant Purchase Agreement with ASE Test, Inc. valued at US$9,000,000 (effective 2024-05-03).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- ASE Test, Inc.
- Value
- US$9,000,000
- Effective
- 2024-05-03
Exact text from the filing
On May 3, 2024, Ainos, Inc., a Texas corporation (“Ainos”, “we” or the “Company”), entered into a Convertible Note and Warrant Purchase Agreement (the “Agreement”) with ASE Test, Inc., Taiwanese company (“ASE Test”), pursuant to which the Company issued to ASE Test a convertible note in the aggregate principal amount of US$9,000,000.
View on SEC.gov