<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.
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