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AsiaStrategy ( (SORA) ) has provided an announcement.
Top Win International Limited, a Cayman Islands exempted company listed on Nasdaq under the ticker SORA, announced on August 15, 2025, that it has entered into securities purchase agreements to issue convertible notes worth $10 million. These notes have a term of three years and an interest rate of 3.0% per annum, convertible into the company’s ordinary shares at an initial conversion price of $4.64 per share. The closing of this transaction is expected by August 20, 2025, subject to customary conditions. Additionally, the company terminated a previous agreement from July 26, 2025, for the sale of a convertible note due to evolving market conditions. This strategic move is likely to impact the company’s financial structure and market positioning by providing additional capital while adjusting to market dynamics.
More about AsiaStrategy
Average Trading Volume: 373,971
Technical Sentiment Signal: Strong Sell
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