Antelope Enterprise closes USD 6 million convertible notes offering
AEHL•Convertible notes offering closes
Antelope Enterprise closed a USD 6 million offering of 8% convertible promissory notes to an accredited investor.
- Net proceeds totaled about USD 5.97 million.
- The notes are convertible into Class A ordinary shares from Sept. 10, 2026 at 80% of the lowest 3-day VWAP.
- Conversion is limited by Nasdaq’s 19.99% issuance cap, a 9.99% beneficial ownership cap, and a 12,000,000-share registration cap.
