GigaMedia Announces Purchase of Convertible Note of Aeolus Robotics Corporation
GigaMedia (NASDAQ: GIGM) has announced the purchase of a US$2.6 million convertible promissory note from Aeolus Robotics , a global company focused on intellectual robotics. The note features:
- 4.5% annual interest rate
- 36-month maturity period
- Conversion option to Aeolus ordinary shares at US$0.02 per share
The agreement signals a strategic long-term relationship between both companies, with GigaMedia indicating potential future investments in Aeolus securities.
GigaMedia (NASDAQ: GIGM) ha annunciato l'acquisto di un obbligazione convertibile di 2,6 milioni di dollari da Aeolus Robotics , un'azienda globale focalizzata sulla robotica intellettuale. L'obbligazione presenta:
- tasso di interesse annuale del 4,5%
- periodo di scadenza di 36 mesi
- opzione di conversione in azioni ordinarie di Aeolus a 0,02 dollari per azione
L'accordo segna una relazione strategica a lungo termine tra le due aziende, con GigaMedia che indica potenziali investimenti futuri nei titoli di Aeolus.
GigaMedia (NASDAQ: GIGM) ha anunciado la compra de un vale convertible de 2.6 millones de dólares de Aeolus Robotics , una empresa global centrada en la robótica intelectual. El vale presenta:
- tasa de interés anual del 4.5%
- plazo de vencimiento de 36 meses
- opción de conversión a acciones ordinarias de Aeolus a 0.02 dólares por acción
El acuerdo señala una relación estratégica a largo plazo entre ambas compañías, con GigaMedia indicando posibles inversiones futuras en valores de Aeolus.
기가미디어 (NASDAQ: GIGM)가 2.6백만 달러의 전환사채를 아이올루스 로보틱스 로부터 구매했다고 발표했습니다. 이 사채는 다음과 같은 조건을 가지고 있습니다:
- 연 4.5%의 이자율
- 36개월 만기
- 주당 0.02달러에 아이올루스 보통주로 전환할 수 있는 옵션
이번 계약은 두 회사 간의 전략적 장기 관계를 나타내며, 기가미디어는 아이올루스 증권에 대한 향후 투자 가능성을 시사하고 있습니다.
GigaMedia (NASDAQ: GIGM) a annoncé l'achat d'un note convertible de 2,6 millions de dollars de Aeolus Robotics , une entreprise mondiale axée sur la robotique intellectuelle. La note présente :
- un taux d'intérêt annuel de 4,5%
- une période d'échéance de 36 mois
- une option de conversion en actions ordinaires d'Aeolus à 0,02 dollar par action
L'accord signale une relation stratégique à long terme entre les deux entreprises, GigaMedia indiquant de potentielles investissements futurs dans les titres d'Aeolus.
GigaMedia (NASDAQ: GIGM) hat den Kauf einer 2,6 Millionen US-Dollar wandelbaren Schuldverschreibung von Aeolus Robotics , einem globalen Unternehmen, das sich auf intelligente Robotik konzentriert, bekannt gegeben. Die Schuldverschreibung weist folgende Merkmale auf:
- 4,5% jährlicher Zinssatz
- 36-monatige Laufzeit
- Umwandlungsoption in gewöhnliche Aktien von Aeolus zu 0,02 US-Dollar pro Aktie
Die Vereinbarung signalisiert eine strategische langfristige Beziehung zwischen beiden Unternehmen, wobei GigaMedia mögliche zukünftige Investitionen in Aeolus-Wertpapiere andeutet.
- Strategic investment in robotics sector
- 4.5% interest rate provides steady income
- Conversion option offers potential equity upside
- Flexible conversion terms at multiple trigger points
- Significant cash commitment of US$2.6M
- 36-month lock-up period limits liquidity
- Risk exposure to early-stage robotics company
The Note, bearing interest at a rate of
The purchase and sale of the Note exhibits GigaMedia and Aeolus's mutual commitment to a longer-term strategic relationship. GigaMedia continually reviews its investment alternatives and may enter into additional transactions of Aeolus's securities in accordance with applicable laws.
About GigaMedia
Headquartered in
The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the Company's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in April 2024.
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SOURCE GigaMedia
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