What happened
Focus AI updated the terms of convertible bonds to raise US$8.94M, about 15.4% of its market value.
For context, this raise equals about 15.4% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Convertible bonds |
|---|---|
| Raise amount | US$8.94M |
| vs. market value | 15.4% |
| Filed | 2026-10-02, [Amended] Material event report (convertible bonds) |
| Source | DART rcept 20261002000290 → open original filing |
Source: DART. Information only, not investment advice.