Concorde International Group Announces $1 Million Convertible Note Conversion by Softbank, Issuing 259,082 Class A Shares for Debt Repayment

Reuters

2025/09/26

<a href="https://laohu8.com/S/CIGL">Concorde International Group</a> Announces $1 Million Convertible Note Conversion by Softbank, Issuing 259,082 Class A Shares for Debt Repayment

Concorde International Group Ltd. has announced the conversion of a US $1,000,000 convertible note, originally issued to Softbank Robotics Singapore Pte Ltd in June 2024. On September 12, 2025, Softbank exercised its right to convert the principal amount, along with accrued but unpaid interest totaling $36,328.69, into 259,082 Class A Ordinary Shares of the company at a price of $4.00 per share. This conversion fully discharges the loan and interest obligations associated with the note.

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. Concorde International Group 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: 0001213900-25-091673), on September 25, 2025, and is solely responsible for the information contained therein.

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On September 12, 2025, Softbank exercised its right to convert the principal amount, along with accrued but unpaid interest totaling $36,328.69, into 259,082 Class A Ordinary Shares of the company at a price of $4.00 per share. This conversion fully discharges the loan and interest obligations associated with the note.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Concorde International Group 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: 0001213900-25-091673), on September 25, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4165","symbol_name":"安全和報警服務","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250925:nNDL5CMTgM:1","article_id":"2570049414","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2570049414","pubTimestamp":1758832261,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Concorde International Group Announces $1 Million Convertible Note Conversion by Softbank, Issuing 259,082 Class A Shares for Debt Repayment. 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