Eshallgo Inc. Enters Forbearance Agreement on $5 Million Convertible Debentures

Reuters
Jan 20
<a href="https://laohu8.com/S/EHGO">Eshallgo Inc</a>. Enters Forbearance Agreement on $5 Million Convertible Debentures

Eshallgo Inc. has announced updates regarding its previously disclosed issuance of $5 million in convertible debentures, which mature on November 28, 2025. The company and the debenture holder recently amended the floor price of the debentures to $0.40 as part of a floor price adjustment agreement. Additionally, Eshallgo entered into two forbearance agreements with the holder on December 16, 2025, and January 12, 2026. These agreements acknowledge certain existing defaults and provide that the holder will refrain from exercising rights and remedies related to those defaults until February 12, 2026, subject to specified conditions.

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. Eshallgo 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: 0001185185-26-000203), on January 20, 2026, and is solely responsible for the information contained therein.

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