ECARX Holdings Inc. has announced the completion of the final tranche of its US$100 million convertible note offering, referred to as the "2025 Notes." This update confirms that the entire US$100 million contemplated by the convertible note purchase agreement dated November 3, 2025, has now been fully subscribed as of February 9, 2026. The offering was issued in three separate tranches: US$35 million purchased on November 14, 2025, US$25 million on November 26, 2025, and the final US$40 million on February 9, 2026. The convertible notes carry an initial conversion price of US$2.62, subject to adjustments. The notes were jointly purchased by SPDB International (Hong Kong) Limited, ICBC International Investment Management Limited, CNCB (Hong Kong) Investment Limited, and a global investment institution.
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. ECARDX Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN84620) on February 10, 2026, and is solely responsible for the information contained therein.