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Skillful Craftsman signs US$ 2 million convertible note financing agreement with Thriving tech
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Skillful Craftsman signs US$ 2 million convertible note financing agreement with Thriving tech
  • Skillful Craftsman Education Technology entered a USD 2 million convertible promissory note purchase agreement with Thriving tech. on November 3, 2026.
  • The unsecured note bears 7% annual simple interest, with principal and accrued interest due November 3, 2031.
  • Conversion price equals 80% of the lowest Nasdaq closing bid price during the 10 trading days immediately preceding the conversion notice.
  • Conversions include a 10% share premium; issuance is capped at 19.99% of pre-agreement shares or voting power pending required shareholder approval or exemption.
  • Closing is expected within 10 days of signing; the company may terminate if closing has not occurred by December 31, 2026.


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. Skillful Craftsman Education Technology Ltd. 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: 0001493152-26-050735), on November 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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