Convertible Note

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Upexi, Inc. Announces Pricing of $200 Million Concurrent Private Placement of Common Stock and Convertible Notes both Priced above the At-the-Market Price under Nasdaq Rules
Globenewswire· 2025-07-11 12:30
TAMPA, Fla., July 11, 2025 (GLOBE NEWSWIRE) -- Upexi, Inc. (NASDAQ: UPXI) (the "Company" or "Upexi"), a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space, today announced that it has entered into securities purchase agreements with certain accredited investors, qualified purchasers and institutional investors, as well as with Allan Marshall, the Company’s Chief Executive Officer, for the purchase and sale of 12 ...
Vireo Growth Inc. Announces Retirement of November 2024 Convertible Note
Globenewswire· 2025-07-09 12:30
-- Company concurrently refinances convertible note on amended terms in conjunction with larger refinancing -- MINNEAPOLIS, July 09, 2025 (GLOBE NEWSWIRE) -- Vireo Growth Inc. (“Vireo” or the “Company”) (CSE: VREO; OTCQX: VREOF) today announced the retirement of its previously outstanding US$10 million principal amount convertible note issued on November 1, 2024. Concurrently with the retirement of the November 1, 2024 convertible note, on July 7, 2025, the Company issued a new US$10 million principal amoun ...
DeFi Development Corp. Announces Upsized $112.5 Million of Convertible Notes
Globenewswire· 2025-07-02 12:00
BOCA RATON, FL, July 02, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the "Company" or "DeFi Dev Corp."), the first public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced the pricing of its upsized private offering of $112.5 million aggregate principal amount of 5.5% convertible senior notes due 2030 (the "Convertible Notes"), to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities ...
DeFi Development Corp. Announces Proposed Private Offering of $100 Million of Convertible Notes
Globenewswire· 2025-07-01 20:10
BOCA RATON, FL, July 01, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced that it intends to offer, subject to market conditions and other factors, $100 million aggregate principal amount of convertible senior notes due 2030 (the “Convertible Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 14 ...
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Investopedia· 2025-06-24 20:30
Shares of Nano Labs doubled Tuesday on its plan to sell convertible notes to buy $1 billion worth of Binance Coin (BNB). https://t.co/5Zssx0mmmg ...
X @Investopedia
Investopedia· 2025-06-12 12:00
GameStop shares fell in late-Wednesday trading after the company announced plans for a big convertible notes offering expected largely to fund its Bitcoin-buying aims. https://t.co/H4BkKBbBmf ...
BigBear.ai Holdings, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – BBAI
GlobeNewswire News Room· 2025-06-09 17:33
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of BigBear.ai Holdings, Inc. regarding a class action lawsuit due to alleged misleading statements and accounting errors during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from March 31, 2022, to March 25, 2025 [3]. - Allegations include that BigBear maintained deficient accounting review policies, leading to incorrect accounting for the 2026 Convertible Notes and misstatements in financial statements [3]. Financial Reporting Issues - The company allegedly failed to disclose that the conversion option within the 2026 Convertible Notes did not qualify for the derivative scope exception under ASC 815-40, resulting in improper accounting [3]. - As a consequence, BigBear's financial statements were inaccurate and likely to require restatement, increasing the risk of delays in filing reports with the SEC [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by June 10, 2025, to monitor the case's progress [4]. - Registration allows shareholders to receive updates and does not incur any costs or obligations [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [5].
BigBear.ai Holdings, Inc. (BBAI) Class Action Lawsuit Nears Lead Plaintiff Deadline – Contact Robbins LLP Before June 10, 2025
GlobeNewswire News Room· 2025-06-03 21:04
SAN DIEGO, June 03, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired BigBear.ai Holdings, Inc. (NYSE: BBAI) securities between March 31, 2022 and March 25, 2025. BigBear is an artificial intelligence (“AI”)-driven technology solutions company. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating A ...
MicroStrategy(MSTR) - 2025 Q1 - Earnings Call Transcript
2025-05-01 21:00
Strategy (MSTR) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Speaker0 And good evening. I'm Sherid Jajodiya, corporate treasurer and head of investor relations at Strategy. I will be your moderator for Strategy's twenty twenty five first quarter earnings webinar. Before we proceed, I will read the safe harbor statement. Some of the information we provide during today's call regarding our future expectations, plans and prospects may constitute forward looking statements. Actual results may differ materiall ...
MicroStrategy(MSTR) - 2025 Q1 - Earnings Call Transcript
2025-05-01 21:00
Financial Data and Key Metrics Changes - In Q1 2025, the company reported total software revenues of approximately $111 million, down 3.6% year-over-year, primarily due to lower product license and support revenues [24] - The company adopted fair value accounting for its Bitcoin holdings, resulting in a beginning balance of retained earnings adjustment of $17.9 billion due to the difference between carrying value and fair value [27] - The price of Bitcoin declined from approximately $93,400 at the end of 2024 to roughly $82,400 at the end of Q1 2025, leading to an unrealized fair value loss of $5.9 billion [28] Business Line Data and Key Metrics Changes - Subscription services revenues in the cloud segment increased by 62% year-over-year, now accounting for approximately 33% of total revenues, with subscription billings growing by 38% to $24.5 million [24] - The decline in product license revenues and support revenues was offset by growth in cloud services, indicating a successful transition from on-premise to cloud solutions [24] Market Data and Key Metrics Changes - The company remains the largest corporate holder of Bitcoin globally, holding 553,555 Bitcoins valued at $52 billion as of April 28, 2025 [6] - The company has raised $10 billion year-to-date through various capital market activities, including $6.6 billion in equity and $3.4 billion in fixed income instruments [12] Company Strategy and Development Direction - The company plans to continue its aggressive Bitcoin accumulation strategy, having utilized $37.3 billion of capital to increase its Bitcoin holdings [10] - The introduction of the new $42 billion capital plan aims to raise additional equity and fixed income capital through 2027, allowing for strategic flexibility [19][20] - The company emphasizes its unique position in the market, having outperformed major asset classes and the S&P 500 since adopting its Bitcoin strategy in 2020 [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a 25% BTC yield target for 2025, up from the previous target of 15%, reflecting strong year-to-date performance [23] - The management highlighted the positive impact of recent government actions on Bitcoin's legitimacy and institutional interest, setting the stage for deeper integration into the U.S. financial system [7] Other Important Information - The company has raised $6.6 billion through its ATM equity offering program and $2 billion through a convertible note offering in Q1 2025 [8] - The company’s capital structure is described as well-fortified, with $109 billion in equity market cap and significant Bitcoin reserves supporting its fixed income liabilities [35] Q&A Session Summary Question: What is the company's strategy for capital raising? - The company introduced the 2121 plan to raise $21 billion in equity and fixed income capital, achieving 65% completion in just six months, reflecting strong market access and investor demand [18] Question: How does the company plan to outperform Bitcoin? - The management discussed various BTC metrics and strategies to create shareholder value, emphasizing the importance of capital markets transactions and their long-term impact on stock performance [42][46]