Expion Energy amends $9 million debt to allow direct conversion into common stock

XPON•2026-10-23

Expion Energy amended $9 million of 8% convertible debentures due August 21, 2029, to convert directly into common stock at an initial price of $4.25. Purchasers may buy up to $91 million of additional convertible debentures within 18 months of the effective date.

Expion Energy amends $9 million debt to allow direct conversion into common stock

1. Conversion terms amended

2. Additional debentures

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