The dilutive convertible note will likely cause selling pressure as the holder can convert at a discount. Watch for conversion notices and stock price weakness. The company's low market cap amplifies the dilution effect.
Price Chart
Executive Summary
Antelope Enterprise Holdings issued a $3,000,000 convertible promissory note to an accredited investor, convertible into up to 4,800,000 Class A ordinary shares (30.8% dilution) at a 10% discount to the lowest daily trading price. Net proceeds of ~$2,965,000 will be used for working capital. The dilutive structure will pressure the stock price.
Key Facts
- Convertible Note principal: $3,000,000
- Interest rate: 8% per annum, cash pay
- Maturity: 18 months from issuance
- Conversion price: 90% of lowest daily trading price on trading day prior to conversion
- Up to 4,800,000 Class A ordinary shares issuable upon conversion (30.8% of outstanding)
- Net proceeds: approximately $2,965,000
- No placement agent involved; direct offering to Stratosphere Capital Management Inc.
Financial Impact
dilution of up to 30.8% of current Class A shares; $3M new debt at 8% interest
Risk Factors
- Potential 30.8% dilution from conversion
- Stock price pressure from discounted conversion price
- Company has limited operations and relies on capital raises
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 424B5 Filing (Primary) | 0001493152-26-025214 |
| Document: 0001493152-26-025214-index-headers.html | 0001493152-26-025214 |
| Document: 0001493152-26-025214-index.html | 0001493152-26-025214 |
| Document: 0001493152-26-025214.txt | 0001493152-26-025214 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 424B5 | $8.65 | awaiting T+20 | — | $7.93 (+8.32%) |
Oct 1, 2026 25d ago | 424B5 | $10.16 | awaiting T+20 | — | $7.93 (+21.95%) |
Oct 1, 2026 25d ago | 6-K | $10.16 | awaiting T+20 | — | $7.93 (+21.95%) |
Sep 24, 2026 4w ago | 6-K | $8.96 $8.65 | ▲ +3.46% | ▲ +3.04% | $7.93 (+11.50%) |
Aug 28, 2026 8w ago | 6-K | $3.54 $8.23 | ▼ −132.49% | ▼ −132.23% | $7.93 (−124.01%) |
Jul 6, 2026 16w ago | Press Release | $1.04 $0.4500 | ▲ +56.73% | ▲ +57.58% | $7.93 (−662.50%) |
Jun 30, 2026 16w ago | 6-K | $1.02 $0.5050 | ▲ +50.49% | ▲ +49.94% | $7.93 (−677.45%) |
May 26, 2026 21w ago | 424B5 | $1.55 $1.07 | ▲ +31.29% | ▲ +29.34% | $7.93 (−411.61%) |
May 8, 2026 24w ago | Press Release | $1.20 $1.02 | ▼ −15.00% | ▼ −15.02% | $7.93 (+560.83%) |
Apr 30, 2026 25w ago | 6-K | $0.5100 $1.14 | ▼ −123.53% | ▼ −118.26% | $7.93 (−1454.90%) |
US Market Status
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