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Softbank converts US $1M CIGL note into 259,082 shares at US $4.00

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Concorde International Group Ltd reports that Softbank Robotics Singapore Pte Ltd has converted its US $1,000,000.00 convertible note, plus US $36,328.69 of accrued but unpaid interest, into Class A Ordinary Shares of the company.

On September 12, 2025, Softbank submitted a conversion notice to exchange the full loan principal and accrued interest for 259,082 Class A Ordinary Shares at a conversion price of US $4.00 per share. This transaction fully discharges the loan and related interest and replaces that debt with additional equity in the form of new Class A Ordinary Shares.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of, September 2025

 

Commission File Number 001-42606

 

CONCORDE INTERNATIONAL GROUP LTD

(Translation of registrant’s name into English)

  

3 Ang Mo Kio Street 62, #01-49 LINK@AMK

Singapore 569139

 (Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F x Form 40-F o

 

 

 

 

 

Material Event

 

As previously disclosed by Concorde International Group Ltd (the “Company”) in its annual report on Form 20-F, dated May 15, 2025, Softbank Robotics Singapore Pte Ltd (“Softbank”) subscribed US $1,000,000 convertible note (the “Note”) with a 24-month maturity period with the Company on June 10, 2024. The Note was convertible to the Company’s Class A Ordinary Shares at a conversion price that is equal to the higher of (i) the price per share paid by Softbank for Class A Ordinary Shares in the Company’s initial public offering or (ii) a 15% discount to the volume weighted average price during the sixty-day period prior to the date of notice of conversion is given to the Company at Softbank’s sole discretion after one year from the date of issuance.

 

On September 12, 2025, Softbank furnished a duly executed note conversion notice (the “Conversion Notice”) pursuant to which Softbank converted the original principal amount of US $1,000,000.00 and accrued but unpaid interest in the amount of US $36,328.69 of the Note into 259,082 Class A Ordinary Shares (the “Conversion Shares”), par value $0.00001 per share, of the Company. According to the Note and the Conversion Notice, Softbank discharged the entire loan amount and accrued unpaid interest of the Note in exchange for receiving the Conversion Shares at a conversion price of US $4.00 per share.

 

 

 

  

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: September 25, 2025 CONCORDE INTERNATIONAL GROUP LTD.
     
     
  By: /s/ Swee Kheng Chua
  Swee Kheng Chua
  Chief Executive Officer and Chairman

 

 

FAQ

What did Concorde International Group Ltd (CIGL) announce in this 6-K?

Concorde International Group Ltd announced that Softbank Robotics Singapore Pte Ltd converted a US $1,000,000.00 convertible note, plus US $36,328.69 interest, into 259,082 Class A Ordinary Shares at US $4.00 per share, fully discharging the loan and accrued interest.

How many Concorde International (CIGL) shares did Softbank receive on conversion?

Softbank received 259,082 Class A Ordinary Shares of Concorde International Group Ltd. These shares were issued as “Conversion Shares” in exchange for the full US $1,000,000.00 principal and US $36,328.69 accrued interest on the convertible note at a US $4.00 conversion price.

What was the conversion price for Softbank’s CIGL note?

The note was converted into Concorde International Group Ltd Class A Ordinary Shares at a conversion price of US $4.00 per share. This price applied to both the US $1,000,000.00 principal and US $36,328.69 accrued interest when Softbank exercised its conversion right.

How much debt did Concorde International (CIGL) eliminate through this conversion?

Concorde International Group Ltd eliminated US $1,000,000.00 in principal and US $36,328.69 of accrued but unpaid interest. Softbank discharged the entire loan amount and related interest in exchange for 259,082 newly issued Class A Ordinary Shares at US $4.00 per share.

When did Softbank decide to convert its CIGL convertible note?

Softbank furnished a duly executed conversion notice on September 12, 2025. Under the original June 10, 2024 note terms, Softbank could convert after one year, at a price formula tied to the IPO price or a 15% discount to a volume-weighted average price.
Concorde International Group Limited

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