Financing · Oct 23, 2026

Aterian enters $1M unsecured promissory note with stockholder Chen Zhipeng

ATERAterian, Inc.

Aterian entered into an unsecured promissory note with stockholder Chen Zhipeng for up to $1,000,000 in advances. The loan bears 8% annual interest and matures eight months after funding. The lender may elect to convert the outstanding balance into common stock at maturity or apply it toward a PIPE financing at Nasdaq's minimum price. Aterian operates in the e-commerce sector.