GigaMedia Announces Purchase of Convertible Note of Aeolus Robotics Corporation
GigaMedia (NASDAQ: GIGM) has announced the purchase of a $1.5 million convertible promissory note from Aeolus Robotics Corporation, a global intellectual robotics company. The note carries a 4.5% annual interest rate with a 36-month maturity period.
The note can be converted into Aeolus's ordinary shares at $0.02 per share upon maturity, prepayment, or certain triggering events. This investment represents a strategic move by GigaMedia to establish a longer-term relationship with Aeolus, with the possibility of additional future investments in Aeolus securities.
GigaMedia (NASDAQ: GIGM) ha annunciato l'acquisto di una nota di debito convertibile da 1,5 milioni di dollari da Aeolus Robotics Corporation, un'azienda globale specializzata in robotica intelligente. La nota prevede un tasso di interesse annuo del 4,5% con una scadenza di 36 mesi.
Alla scadenza, in caso di rimborso anticipato o di determinati eventi scatenanti, la nota può essere convertita in azioni ordinarie di Aeolus al prezzo di 0,02 dollari per azione. Questo investimento rappresenta una mossa strategica di GigaMedia per instaurare un rapporto a lungo termine con Aeolus, con la possibilità di ulteriori investimenti futuri nei titoli di Aeolus.
GigaMedia (NASDAQ: GIGM) ha anunciado la compra de una nota promisoria convertible de 1,5 millones de dólares de Aeolus Robotics Corporation, una empresa global de robótica inteligente. La nota tiene una tasa de interés anual del 4,5% con un plazo de vencimiento de 36 meses.
La nota puede convertirse en acciones ordinarias de Aeolus a 0,02 dólares por acción al vencimiento, prepago o ciertos eventos desencadenantes. Esta inversión representa un movimiento estratégico de GigaMedia para establecer una relación a largo plazo con Aeolus, con la posibilidad de futuras inversiones adicionales en valores de Aeolus.
GigaMedia (NASDAQ: GIGM)는 글로벌 지능형 로봇 회사인 Aeolus Robotics Corporation으로부터 150만 달러 규모의 전환 사채를 매입했다고 발표했습니다. 이 사채는 연 4.5%의 이자율과 36개월 만기 조건을 가지고 있습니다.
만기, 조기 상환 또는 특정 발동 사건 시 이 사채는 Aeolus의 보통주로 주당 0.02달러에 전환될 수 있습니다. 이번 투자는 GigaMedia가 Aeolus와 장기적인 관계를 구축하고, 향후 Aeolus 증권에 추가 투자를 할 가능성을 열어두는 전략적 움직임입니다.
GigaMedia (NASDAQ : GIGM) a annoncé l'achat d'une note convertible de 1,5 million de dollars auprès d'Aeolus Robotics Corporation, une entreprise mondiale de robotique intelligente. La note porte un taux d'intérêt annuel de 4,5% avec une échéance de 36 mois.
La note peut être convertie en actions ordinaires d'Aeolus au prix de 0,02 dollar par action à l'échéance, en cas de remboursement anticipé ou lors de certains événements déclencheurs. Cet investissement représente une démarche stratégique de GigaMedia pour établir une relation à long terme avec Aeolus, avec la possibilité d'investissements supplémentaires futurs dans les titres d'Aeolus.
GigaMedia (NASDAQ: GIGM) hat den Kauf einer 1,5 Millionen US-Dollar wandelbaren Schuldscheins von Aeolus Robotics Corporation, einem globalen Unternehmen für intelligente Robotik, bekannt gegeben. Der Schuldschein trägt einen jährlichen Zinssatz von 4,5% und hat eine Laufzeit von 36 Monaten.
Der Schuldschein kann bei Fälligkeit, vorzeitiger Rückzahlung oder bestimmten auslösenden Ereignissen in Aeolus-Stammaktien zum Preis von 0,02 US-Dollar pro Aktie umgewandelt werden. Diese Investition stellt einen strategischen Schritt von GigaMedia dar, um eine langfristige Beziehung mit Aeolus aufzubauen, mit der Möglichkeit weiterer zukünftiger Investitionen in Aeolus-Wertpapiere.
- Strategic investment in robotics sector through $1.5M convertible note
- Favorable 4.5% annual interest rate on the investment
- Option to convert note to equity at $0.02 per share provides potential upside
- 36-month lock-up period limits investment liquidity
- Investment represents significant exposure to a single 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
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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 2025.
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SOURCE GigaMedia
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