debt
confidence high
sentiment neutral
materiality 0.25
Ainos extends maturity of $1M convertible note to May 13, 2025
Ainos, Inc.
- Original $1,000,000 convertible note issued March 13, 2023 with 6% compounded interest.
- Conversion price was $1.50, adjusted to $7.50 after 1-for-5 reverse stock split in Dec 2023.
- Amendment dated March 12, 2025 extends maturity date to May 13, 2025.
- Note holder is Li-Kuo Lee; terms otherwise unchanged.