NaaS Technology Inc. Announces Settlement and Repayment Plan for $35 Million Convertible Note Dispute

Reuters
06/11
NaaS Technology Inc. Announces Settlement and Repayment Plan for $35 Million Convertible Note Dispute

Naas Technology Inc. has announced a settlement agreement to resolve its outstanding obligations related to a US$35 million convertible note issued in October 2024. As part of the agreement, the company has made an initial repayment of US$1.5 million and committed to paying an aggregate of US$15 million in 24 monthly installments starting June 25, 2025. Additionally, Naas Technology Inc. has agreed to issue a warrant to LMR Multi-Strategy Master Fund Limited, allowing LMR to acquire at least 10% of the company's issued share capital if the market capitalization reaches US$90 million. This settlement leads to the withdrawal of a winding-up petition filed against the company and the discontinuation of related arbitration proceedings.

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. Naas Technology Inc. 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: 0001104659-25-058171), on June 10, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10