GMEX Robotics converts 2,142 preferred shares into 10,961,680 Class A shares
GMEX•GMEX Robotics agreed to convert 2,142 Class C preferred shares into 10,961,680 Class A ordinary shares. The conversion price is 23% of the Class A shares’ closing market price on the prior trading day, and holders will receive 1,500 additional Class C preferred shares.
1. Share conversion terms
GMEX Robotics agreed November 2, 2026, to convert 2,142 Class C preferred shares into 10,961,680 Class A ordinary shares. The conversion price equals 23% of the Class A shares’ closing market price on the trading day immediately before conversion. Holders will receive an additional 1,500 Class C preferred shares as an inducement to convert.
