---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-002854"
form_type: "8-K"
ticker: "AIMD"
cik: "0001014763"
company_name: "Ainos, Inc."
filed_at: "2023-03-14T23:59:59+00:00"
generated_at: "2026-06-18T02:44:38.706141+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ainos raises $3M via convertible notes; 6% interest, 2-year maturity, conversion at $1.50

## Summary
- Entered two convertible note purchase agreements for total principal of $3M.
- Notes mature in 2 years, bear 6% compounded interest, unsecured general obligations.
- Conversion price set at $1.50 per common share, subject to adjustments.
- Proceeds to fund product pipeline monetization and bolster financial position.
- Offered under Regulation S; not registered under Securities Act.

## SEC filing metadata
- accession: 0001654954-23-002854
- form_type: 8-K
- ticker: AIMD
- cik: 0001014763
- company_name: Ainos, Inc.
- filed_at: 2023-03-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014763/000165495423002854/0001654954-23-002854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014763/000165495423002854/aimd_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-002854
- JSON: https://secwatch.observer/filing/0001654954-23-002854.json
- Plain text: https://secwatch.observer/filing/0001654954-23-002854.txt

## Key facts
- Debt Financings
  Ainos, Inc. incurred convertible notes of $2,000,000 with ASE Test, Inc. at six percent (6%) compounded maturing two (2) years from the effective date.
  - Instrument: convertible notes
  - Principal: $2,000,000
  - Counterparty: ASE Test, Inc.
  - Rate: six percent (6%) compounded
  - Maturity: two (2) years from the effective date
  - Event: incurrence
  source text: a shareholder of the Company’s controlling shareholder, Ainos, Inc., a Cayman Islands corporation. Pursuant to the Agreement, the Purchaser will pay a total aggregate amount of $2,000,000 U.S.D. (the “Principal Amount”) to the Company in exchange for one or more Convertible Promissory Note(s) issued by the Company in the total aggregate Principal Amount (the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014763/000165495423002854/0001654954-23-002854-index.htm
- Debt Financings
  Ainos, Inc. incurred convertible notes of $1,000,000 with Li-Kuo Lee at six percent (6%) compounded maturing two (2) years from the effective date.
  - Instrument: convertible notes
  - Principal: $1,000,000
  - Counterparty: Li-Kuo Lee
  - Rate: six percent (6%) compounded
  - Maturity: two (2) years from the effective date
  - Event: incurrence
  source text: Amount (the “Convertible Note”). The Purchaser’s obligation to pay the total aggregate Principal Amount in three (3) tranches in the amounts of One Million Dollars (USD $1,000,000) (the “First Tranche”), Five Hundred Thousand Dollars (USD $500,000) (the “Second Tranche”), and Five Hundred Thousand Dollars (USD $500,000) (the “Third Tranche”) is
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014763/000165495423002854/0001654954-23-002854-index.htm
- Material Agreements
  Ainos, Inc. entered into Agreement with ASE Test, Inc. valued at $2,000,000 U.S.D. (effective 2023-03-13).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: ASE Test, Inc.
  - Value: $2,000,000 U.S.D.
  - Effective: 2023-03-13
  source text: Reference is made to that certain Convertible Note Purchase Agreement dated as of March 13, 2023 (the "Agreement") by and between Ainos, Inc., a Texas corporation (the "Company") and ASE Test, Inc. (the "Purchaser").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014763/000165495423002854/0001654954-23-002854-index.htm
- Material Agreements
  Ainos, Inc. entered into Agreement with Li-Kuo Lee valued at $1,000,000 U.S.D. (effective 2023-03-13).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Li-Kuo Lee
  - Value: $1,000,000 U.S.D.
  - Effective: 2023-03-13
  source text: Reference is made to that certain Convertible Note Purchase Agreement dated as of March 13, 2023 (the "Agreement") by and between Ainos, Inc., a Texas corporation (the "Company") and Li-Kuo Lee (the "Purchaser").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014763/000165495423002854/0001654954-23-002854-index.htm

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