ETHZilla Announces Early Redemption of $516 Million 2028 Convertible Notes at 117% of Principal

Reuters12-10
ETHZilla Announces Early Redemption of $516 Million 2028 Convertible Notes at 117% of Principal

ETHZilla Corporation has announced plans to redeem in full its outstanding $516 million aggregate principal amount of convertible notes due 2028. The company will complete the redemption on or by December 30, 2025, at a purchase price of 117% of the principal amount, in addition to all accrued and unpaid interest and any other amounts due. To facilitate the transaction, ETHZilla will release restricted cash previously pledged as collateral and has entered into a redemption agreement with the note holders. This move is intended to streamline the company's capital structure.

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. ETHZilla Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: FL43246) on December 10, 2025, and is solely responsible for the information contained therein.
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