Xiao-I Corp enters USD 4.33 million convertible note offering with institutional investor

Reuters2026/08/26 18:27

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Xiao-I entered a securities purchase agreement to issue an unsecured convertible promissory note with original principal of USD 4.33 million.
Original issue discount of USD 320,000; USD 10,000 transaction expenses; purchase price set at USD 4 million.
Closing expected on or about Aug. 26, 2026, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xiao-I Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-093894), on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Xiao-I Corp enters USD 4.33 million convertible note offering with institutional investor

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