Solowin Holdings, Ltd. (AXG) Form 6-K — Oct 22, 2026
Solowin Holdings entered into an at-the-market sales agreement with Chaince Securities on October 22, 2026, allowing it to sell up to $50 million of Class A ordinary shares under its F-3 shelf.
Key figures
- Debt Amount
- 425000
- Interest Rate
- 8
- Maturity Date
- September 10, 2027 (12 months from issue date)
- Gross Proceeds
- 50000000
- Offering Price
- 1
- Agent cash fee
- 3.0% of gross proceeds
- Commitment shares
- 100000
- Default multiplier
- 200% of principal plus accrued interest
- Note purchase price
- $395,000 per note
- Default interest rate
- 18%
- Agent expense allowance
- 1.0% of gross proceeds
- Original issue discount
- $30,000
- Reserved conversion shares
- 1,589,180
- Beneficial ownership limitation
- 4.99%
AI analysis
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