Tantech Holdings Issues $3.23 Million Promissory Note to Streeterville Capital

Reuters
2025/10/18
Tantech Holdings Issues $3.23 Million Promissory Note to Streeterville Capital

Tantech Holdings Ltd. announced that on October 14, 2025, it entered into a note purchase agreement with Streeterville Capital, LLC. Under this agreement, Tantech issued and sold a promissory note with an original principal amount of $3,230,000 for gross proceeds of $3,000,000. The company intends to use the net proceeds for working capital and general business purposes. The note includes provisions for increased balances in the event of certain trigger events, with a maximum aggregate increase of up to 25%. If an event of default occurs, the outstanding balance becomes immediately due and payable, and interest may accrue at a rate equal to the lesser of 15% per annum or the maximum rate permitted under applicable law. The maturity date and a direct URL for the full prospectus are not included in the document.

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. Tantech Holdings 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: 0001477932-25-007636), on October 17, 2025, and is solely responsible for the information contained therein.

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