AsiaStrategy Closes $10 Million Convertible Notes Offering
AsiaStrategy (Nasdaq: SORA) has successfully raised $10 million through the sale of convertible notes, which have a 3.0% annual interest rate and a three-year maturity. The notes, issued at 100% of the principal amount, can be converted into ordinary shares at an initial price of $4.64 per share. The transaction was finalized on October 13, 2025, following agreements made on August 15, 2025. The details are available in the company's report on Form 6-K.
AsiaStrategy (Nasdaq: SORA), formerly known as Top Win International Limited, has completed the sale of convertible notes to certain investors, raising gross proceeds of US$10 million. The convertible notes carry an interest rate of 3.0% per annum, mature in three years, and were issued at a purchase price equal to 100% of the principal amount. The notes are convertible into the company’s ordinary shares at an initial conversion price of US$4.64 per share. The closing of the sale and purchase of the notes was completed on October 13, 2025, following entry into the securities purchase agreements on August 15, 2025. The form of the Securities Purchase Agreements, including the form of the notes, was appended to the company’s current report on Form 6-K dated August 15, 2025 as exhibit 99.1. 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. AsiaStrategy 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: 0001213900-25-098305), on October 14, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
