Financing ·
Antelope Enterprise Holdings raises $6M via convertible note at 8% interest
AEHLAntelope Enterprise Holdings Ltd
On September 10, 2026, Antelope Enterprise Holdings Ltd. entered into a Note Purchase Agreement with an accredited investor to issue and sell a convertible promissory note with an original principal amount of $6,000,000 in a registered direct offering. The company received gross proceeds of approximately $6 million before deducting estimated offering expenses. The Convertible Note bears interest at 8.00% per annum and has no fixed maturity date, though the entire unpaid principal and accrued interest become immediately due upon bankruptcy or similar events. Holders may convert the note into Class A ordinary shares subject to a 9.99% beneficial ownership limitation, with a conversion price set at 80% of the lowest volume-weighted average price over the three trading days ending on the conversion date. The offering closed on September 15, 2026. Antelope Enterprise Holdings Ltd. operates in the enterprise holding and investment sector.