secwatch.observer — SEC 8-K summary
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Issuer:     Ainos, Inc. (AIMD)
CIK:        0001014763
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001493152-24-017831
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014763/000149315224017831/0001493152-24-017831-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014763/000149315224017831/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-017831

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