Black Titan Corporation announced the full conversion of a senior unsecured convertible note held by an institutional investor into 2,924,082 ordinary shares. The note, originally issued on January 16, 2026, with a principal amount of $1,515,000 and a purchase price of $1,350,000, was converted in tranches between May 2026 and August 20, 2026. This transaction satisfied the note in full, leaving no outstanding principal or accrued interest. The company retains the option to issue additional notes under the existing Securities Purchase Agreement through January 16, 2029. Black Titan Corporation operates in the technology sector, providing human capital management and enterprise resource planning solutions across Southeast Asia.
