ETHZilla Corporation Redeems Convertible Notes for $605 Million Including Premium and Interest

Reuters2025-12-31
<a href="https://laohu8.com/S/ETHZ">ETHZilla Corporation</a> Redeems Convertible Notes for $605 Million Including Premium and Interest

ETHZilla Corporation has announced the redemption of all its outstanding senior secured convertible notes. The company repurchased and redeemed the notes at a redemption price equal to 117% of the aggregate principal amount, plus accrued and unpaid interest. The total amounts paid included $516,148,000 in principal, $1,766,605 in accrued interest, and $87,745,160 as a redemption premium. This move resulted in the termination of related agreements with the institutional investor, with no material early termination penalties incurred.

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