Sangrix noteholders convert $3.3M in principal

The conversion amount included accrued interest as well as principal, with the notes converted at $1.63 per share.

Rhea-AI Filing Summary

Sangrix Inc. (SGRX) reported that holders of its senior secured convertible notes converted $3,300,000 in principal and $209,807 in accrued interest into 2,153,257 Class A ordinary shares between September 30, 2026 and October 16, 2026, at a conversion price of $1.63 per share. The shares have a par value of $0.0003 each.

Key Figures

Converted note principal: $3,300,000 Accrued interest converted: $209,807 Class A ordinary shares received: 2,153,257 shares +2 more

5 metrics

Converted note principal $3,300,000 Converted between September 30, 2026 and October 16, 2026

Accrued interest converted $209,807 Converted between September 30, 2026 and October 16, 2026

Class A ordinary shares received 2,153,257 shares Received in the note conversions between September 30, 2026 and October 16, 2026

Conversion price $1.63 per share Price applied to the conversions

Par value $0.0003 per share Class A ordinary shares

Key Terms

senior secured convertible notes, accrued interest, conversion price, par value

4 terms

senior secured convertible notes financial

"holders of the senior secured convertible notes"

A senior secured convertible note is a loan a company issues that sits near the top of its repayment order (senior), is backed by specific assets as collateral (secured), and can be swapped into company shares later (convertible). For investors this matters because it combines lower risk of repayment and legal protection from the collateral with the upside of converting into equity—so it affects both the safety of debt holders and potential dilution for shareholders.

accrued interest financial

"together with accrued interest of $209,807"

Accrued interest is the amount of interest that has built up on a loan, bond, or similar investment since the last payment date but has not yet been paid. For investors this matters because when you buy or sell a fixed‑income security between payment dates you compensate the other party for that earned interest—think of it like buying a house mid‑month and reimbursing the seller for days of heating already used—so it affects the actual cash you pay, the yield you receive, and short‑term returns.

conversion price financial

"at a conversion price of $1.63 per share"

The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.

par value financial

"par value $0.0003 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SGRX shares did noteholders receive in the conversion?

Holders converted $3,300,000 in principal and $209,807 in accrued interest into 2,153,257 Class A ordinary shares between September 30, 2026 and October 16, 2026.

What conversion price applied to SGRX's note conversions?

The notes were converted at $1.63 per share. The Class A ordinary shares have a par value of $0.0003 each.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/30/2026 - 04:30 PM EDT Accepted by SEC EDGAR 10/30/2026 - 04:30 PM EDT Learn about SEC filing dates

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

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2026

Commission File Number: 001-38857

SANGRIX INC.

160 Robinson Road, 12 F,

SBF Center, Singapore 068914

T: 347-556-4747

(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 ¨

Between September 30, 2026 and October 16, 2026, the holders of the senior secured convertible notes of Sangrix Inc. (the “Company”) converted an aggregate principal amount of $3,300,000, together with accrued interest of $209,807, into an aggregate of 2,153,257 Class A ordinary shares of the Company, par value $0.0003 per share, at a conversion price of $1.63 per share.

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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: October 30, 2026	SANGRIX INC.
	By:	/s/ Jinghai Jiang
	Name:	Jinghai Jiang
	Title:	Chief Executive Officer, Chief Operating Officer, and Chairman of the Board

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