Big Digital Energy issues 442,899 unregistered shares to swap $2.57 million Endeavor debt at $5.80 each
Bitget2026/09/24 13:13- Big Digital Energy issued 442,899 unregistered common shares to Endeavor Blockchain in exchange for USD 2.57 million of debt.
- Exchange covered USD 2.5 million of unpaid principal under a Revolving Line of Credit Promissory Note, plus USD 68,815.71 accrued interest.
- Shares were priced at USD 5.80 each, based on the consolidated closing bid price immediately before the agreement.
- Transaction closed Sept. 21, 2026; Endeavor relinquished all rights to the exchanged debt upon share delivery.
- Company agreed to file a resale registration statement by Oct. 9, 2026, targeting effectiveness by Nov. 17, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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