[6-K] EShallGo Inc. Current Report (Foreign Issuer)
Rhea-AI Filing Summary
ESHALLGO INC updated terms on its outstanding convertible notes. The company entered a letter agreement on October 17, 2025 to amend the “Floor Price” of its previously issued $5,000,000 aggregate principal amount convertible debenture to $0.40 per share.
The letter agreement form is filed as Exhibit 10.1. This filing summarizes the amendment and incorporates the exhibit by reference.
Positive
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Insights
EHGO reset its debenture conversion floor to $0.40 per share.
ESHALLGO amended the conversion mechanics on an existing convertible instrument by setting the Floor Price at
Such amendments can influence potential share issuance from conversions, depending on trading prices and investor elections. The amendment is documented via a letter agreement dated
The form of the agreement appears as Exhibit 10.1. Actual impact depends on future holder conversion behavior and market pricing.