Golden Sun (GSUN) removes Adjusted Floor Price in $5M convertible note
Rhea-AI Filing Summary
Golden Sun Health Technology Group Limited filed an amended Form 6-K to add details about an amendment to its existing financing. The company had previously issued a Senior Secured Convertible Note with an aggregate principal amount of $5,000,000 to two accredited investors under a Securities Purchase Agreement dated October 28, 2024, with closing on December 3, 2024. On August 15, 2025, the company and these investors signed Amendment No. 1 to the note, which removes the Adjusted Floor Price defined in the original note and any related adjustments. The amendment is attached as Exhibit 4.1 and this amended Form 6-K is also incorporated by reference into the company’s effective Form F-1 registration statement and related prospectuses.
Positive
- None.
Negative
- None.
FAQ
What did Golden Sun Health Technology Group Limited (GSUN) change in its convertible note?
Golden Sun Health Technology Group Limited signed Amendment No. 1 to its Senior Secured Convertible Note on August 15, 2025, removing the Adjusted Floor Price provision and any adjustments related to that term.
How large is the Senior Secured Convertible Note mentioned in GSUN’s amended 6-K?
The Senior Secured Convertible Note was issued in an aggregate principal amount of $5,000,000 to two accredited investors under a Securities Purchase Agreement dated October 28, 2024.
Who are the counterparties to Golden Sun Health Technology Group Limited in the note amendment?
The amendment to the Senior Secured Convertible Note was entered into between Golden Sun Health Technology Group Limited and two accredited investors that previously purchased the note.
When was the note amendment signed by Golden Sun Health Technology Group Limited (GSUN)?
The amendment to the Senior Secured Convertible Note, titled Amendment No. 1, was signed on August 15, 2025.
How does this amended 6-K relate to GSUN’s existing registration statement?
The amended Form 6-K is deemed incorporated by reference into Golden Sun Health Technology Group Limited’s effective Form F-1 registration statement (Registration Number 333-285857) and each outstanding prospectus or supplement under that registration statement.
Where can investors find the full text of GSUN’s note amendment?
The complete text of Amendment No. 1 to the Senior Secured Convertible Note is filed as Exhibit 4.1 to the amended Form 6-K.