Xiao-I Corp enters USD 4.33 million convertible note offering with institutional investor
Reuters2026/08/26 18:27- 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.
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