Solowin issues USD 2.16 million pre-paid purchase note to Streeterville Capital

Bitget2026/09/21 19:21

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Solowin issued Pre-Paid Purchase #3 to Streeterville Capital with a principal amount of USD 2.16 million, including a USD 160,000 discount.
Streeterville paid USD 2 million; the unsecured instrument accrues 8% annual interest; proceeds earmarked for working capital.
Monthly USD 300,000 cash amortization can start Jan. 1, 2027; missed payments can be satisfied via discounted share issuance.
Share price set at 85% of a recent closing price or 10-day VWAP measure; Streeterville capped at 9.99% beneficial ownership.
Side letter requires issuance of 5,250,000 shares at USD 0.0001; restrictions on Vast Space earnout payments until purchases repaid.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Solowin Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-101769), on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Solowin issues USD 2.16 million pre-paid purchase note to Streeterville Capital

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