other_material
confidence high
sentiment negative
materiality 0.65
DIH Holding amends convertible debenture, issues 1.54M shares to Five Narrow Lane for missed payment
DIH HOLDING US, INC.
- Exchanged May 2025 redemption payment for 1,540,277 shares of common stock under Section 3(a)(9).
- June 2025 payment to be settled in shares determined on June 2, 2025.
- Amendment allows interest on debenture to be paid in cash or shares.
- Investor waived event of default from late May payment; company had insufficient registered shares.
- Future monthly redemptions may be made in cash or shares under Section 3(a)(9).
item 1.01item 3.02item 9.01