<a href="https://laohu8.com/S/JXG">JX Luxventure</a> Announces Debt-to-Equity Swap and Preferred Share Conversion, Issues Over 3 Million New Shares
JX Luxventure Ltd. has announced several significant recent financial actions involving debt and equity. On September 25, 2025, the company completed a debt exchange with CEO Sun Lei, who cancelled $2 million of outstanding loans to the company in exchange for 2,352,941 shares of common stock, valued at $0.85 per share. This transaction was completed at the prior day's closing share price on Nasdaq. Additionally, on September 23, 2025, JX Luxventure issued a total of 750,000 shares of common stock to six shareholders following the conversion of Series F Convertible Preferred Stock into common shares, as stipulated in the terms of the preferred stock. Following these transactions, the company now has 18,093,942 shares of common stock outstanding.
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. JX Luxventure Ltd. 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: 0001213900-25-093169), on September 29, 2025, and is solely responsible for the information contained therein.
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