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VS Media converts US$ 830,952.46 loans into equity at US$ 0.41 per share

PUBT·10/02/2026 20:37:13
語音播報
VS Media converts US$ 830,952.46 loans into equity at US$ 0.41 per share
  • VS Media converted US$ 830,952.46 of unsecured loans into equity on Sept. 15, 2026.
  • Conversion set at US$ 0.41 per Class A ordinary share; lenders forgave all accrued, unpaid interest at conversion.
  • Issued 1,811,848 Class A ordinary shares; issued 214,866 pre-funded warrants to manage a 4.99% beneficial ownership cap.
  • Loans originated Aug. 3, 2026; six-month term; 10% annual interest rate before interest cancellation.


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. VS Media 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: 0001493152-26-045549), on October 02, 2026, and is solely responsible for the information contained therein.