Black Titan says $1.52 million convertible note converts into 2,924,082 shares
BTTC•Convertible note fully converted
Black Titan announced the full conversion of its senior unsecured convertible note into 2,924,082 ordinary shares.
Conversions occurred in tranches from May 2026 through Aug. 20, 2026.
The note was issued Jan. 16, 2026 with $1.52 million original principal, sold for $1.35 million with a 10% original issue discount.
The final tranche fully satisfied the note, leaving no principal, accrued interest, or other amounts outstanding.
