debt
confidence high
sentiment neutral
materiality 0.65
DIH Holding issues $2.2M 8% convertible debentures and warrants at $0.25 conversion
DIH HOLDING US, INC.
- Sold $2,222,222 principal of 8% OID Senior Secured Convertible Debentures; net proceeds ~$1.9M.
- Debentures convertible at $0.25/share; warrants for 8,888,888 shares at same price.
- Monthly redemptions start Oct 1, 2025 at ~$170,940; optional redemption and holder conversion.
- Registration Rights Agreement filed to register resale of conversion and warrant shares.
- CEO Jason Chen entered Voting Agreement to vote in favor of shareholder approval.
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