Xiao-I Corp enters USD 4.33 million convertible note offering with institutional investor
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AIXI• Convertible note agreement and terms
- Xiao-I entered a securities purchase agreement to issue an unsecured convertible promissory note with original principal of USD 4.33 million.
Original issue discount of USD 320,000; USD 10,000 transaction expenses; purchase price set at USD 4 million.Closing expected on or about Aug. 26, 2026, subject to customary closing conditions.Xiao-I Corp enters USD 4.33 million convertible note offering with institutional investor - AIXI News | Rallies