Big Digital Energy issues 442,899 unregistered shares to swap $2.57 million Endeavor debt at $5.80 each
BGDE•Big Digital Energy issued 442,899 unregistered shares to Endeavor Blockchain in exchange for $2.57 million of debt, at $5.80 per share.
1. Debt exchange
The exchange covered $2.5 million in unpaid principal and $68,815.71 in accrued interest under a revolving line of credit promissory note. It closed on Sept. 21, 2026, and Endeavor relinquished all rights to the exchanged debt upon delivery of the shares. Big Digital Energy agreed to file a resale registration statement by Oct. 9, 2026, and is targeting effectiveness by Nov. 17, 2026.
