Advent Technologies Holdings Inc. has entered into a Securities Purchase Agreement with Hudson Global Ventures LLC, under which Hudson has extended a loan to Advent Technologies in the form of a Convertible Promissory Note amounting to $418,000. This note includes an original issue discount of $42,000 and carries an annual interest rate of 12%. Additionally, the company has agreed to issue a pre-funded warrant to Hudson for the purchase of 130,000 shares of its common stock. The note allows Hudson the option to convert the outstanding balance into common stock or require prepayment in the event of a change in control. The agreement outlines a series of amortized payments, with the first due on October 1, 2025, and the note maturing on August 1, 2026. Advent Technologies may also opt to prepay the note, with specific terms applying based on the timing of the prepayment.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Advent Technologies Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-25-007169), on September 04, 2025, and is solely responsible for the information contained therein.
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