Financing ·
Azio AI raises up to $50M via SEPA with YA II PN, receiving initial $3.0 million advance
AZIOAzio AI Holdings, Inc.
On September 25, 2026, Azio AI Holdings, Inc. entered into a Standby Equity Purchase Agreement (SEPA) with YA II PN, Ltd., receiving an initial $3.0 million advance via convertible promissory notes bearing 6% annual interest and maturing on September 25, 2027. The agreement provides for a potential second tranche of $0.5 million upon the effectiveness of a resale registration statement. Under the SEPA, Azio AI Holdings can require YA II PN to purchase up to $50 million in common stock at a discount to market price, subject to Nasdaq exchange caps and beneficial ownership limits. The company also issued warrants for 1,735,758 shares at an exercise price of $0.01 per share and paid a $50,000 structuring fee. Azio AI Holdings operates in the artificial intelligence hardware industry.