What happened
Bitmax disclosed convertible bonds to raise US$41.9M, about 181.2% of its market value.
For context, this raise equals about 181.2% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Convertible bonds |
|---|---|
| Raise amount | US$41.9M |
| vs. market value | 181.2% |
| Filed | 2026-04-28, Material event report (convertible bonds) |
| Source | DART rcept 20260428000479 → open original filing |
Source: DART. Information only, not investment advice.