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Recent Updates — AXG

September 21, 2026View Source ↗

On September 21, 2026, Solowin Holdings issued Pre-Paid Purchase #3 to Streeterville Capital for $2,000,000, carrying a principal amount of $2,160,000 and accruing interest at 8% per annum. The company may make monthly amortization payments of $300,000 starting January 1, 2027; failure to pay allows the investor to convert debt into Class A ordinary shares at a discount. Additionally, Solowin issued 5,250,000 pre-delivery shares for nominal consideration and agreed to suspend earnout payments to Vast Space until all Pre-Paid Purchases are repaid. This financing supports working capital needs. The company operates in the technology sector.