ECARX repays $50 million debt in full at maturity
ECX•ECARX repaid its $50 million senior convertible note in full at maturity on October 30, 2026. The remaining balance was paid in cash, leaving no notes outstanding under the October 30, 2025 securities purchase agreement.
1. Note repaid in cash
ECARX repaid its $50 million senior convertible note in full at maturity on October 30, 2026. The remaining balance was paid in cash, leaving no notes outstanding under the October 30, 2025 securities purchase agreement.
2. Waiver agreement activated
Payment of $10 million activated the October 14, 2026 waiver agreement, preventing further note issuance under the securities purchase agreement.
