Workflow
Debt-to-Equity Conversion
icon
Search documents
Marvion Inc. Announces CEO Conversion of US$500,000 Performance Bonus into Equity, Signaling Strong Long-Term Confidence
Prnewswireยท 2025-12-03 13:08
HONG KONG,Dec. 3, 2025/PRNewswire/ -- Marvion Inc. (OTCQB:[MVNC](#financial-modal)) is pleased to announced that its Chief Executive Officer,**Mr. Chan Sze Yu**, has entered into a definitive**Debt-to-Equity Conversion Agreement**, under which he will convert**US$500,000**of outstanding receivables owed by the Company into restricted common shares.Under the terms of the agreement, the conversion price is based on the**15-day average closing price immediately prior to the signing date**, calculated as**US$0. ...