ECARX amends terms of US$130 million convertible senior notes

Reuters2026/07/17 10:49

By:Reuters

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ECARX executed an amendment deed to amend the convertible note purchase agreement, restating terms across its Convertible Senior Notes.
Notes outstanding total USD 130 million, including USD 35 million issued to SPDB with a USD 15 million partial transfer to Nomura.
Amended note terms include 5% simple interest, a USD 2.62 conversion price, a Nov. 14, 2028 maturity date, and 9% IRR-based redemption.

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. ECARDX Holdings Inc. 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: 0001628280-26-048560), on July 17, 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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ECARX amends terms of US$130 million convertible senior notes

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