---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-017831"
form_type: "8-K"
ticker: "AIMD"
cik: "0001014763"
company_name: "Ainos, Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:36:38.867071+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ainos issues $9M convertible note to ASE Test, with warrant for 500k shares

## Summary
- $9,000,000 convertible note, 6% compound interest, matures May 3, 2027.
- Conversion at $4.50 per share, subject to anti-dilution adjustments.
- Warrant for 500,000 shares at $4.50, exercisable after 6-month lock-up.
- Voting agreement gives Ainos KY control over ASE Test's shares, restricts transfers for 5 years.
- Proceeds use not specified; transaction exempt under Regulation S.

## SEC filing metadata
- accession: 0001493152-24-017831
- form_type: 8-K
- ticker: AIMD
- cik: 0001014763
- company_name: Ainos, Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014763/000149315224017831/0001493152-24-017831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014763/000149315224017831/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-017831
- JSON: https://secwatch.observer/filing/0001493152-24-017831.json
- Plain text: https://secwatch.observer/filing/0001493152-24-017831.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014763/000149315224017831/0001493152-24-017831-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014763/000149315224017831/0001493152-24-017831-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.