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GigaMedia Announces Partial Extension of Aeolus Convertible Note

PR Newswire - Press Release

All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here

TAIPEI, Sept. 8, 2023 /PRNewswire/ -- GigaMedia Limited (NASDAQ:GIGM) today announced that the Company has entered into and executed with Aeolus Robotics Corporation ("Aeolus") an agreement of amendment to the Aeolus convertible promissory note previously purchased by GigaMedia on August 31, 2020 (the "Note"). The amendment is to extend the due date of the Note for the outstanding US$7 million principal, with advantageous terms and conditions.

Read more at prnewswire.com

Related Symbols

Symbol Last Chg %Chg
GIGM 1.5300 -0.0100 -0.65%
Gigamedia Ltd

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