GIGM converts $12.37M in Aeolus notes into Series C preferred shares
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GigaMedia Announces Subscription for Aeolus Preferred Shares by Conversion and Settlement of Aeolus Convertible Notes
June 16, 2026 9:01 AM EDTTAIPEI, June 16, 2026 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced that effective June 16, 2026, the Company has entered into and executed with Aeolus Robotics Corporation ("Aeolus") agreements of subscription of 719.09 million Aeolus Series C Preferred Shares by conversion and settlement of the convertible promissory notes issued by Aeolus and purchased by GigaMedia from September 2023 to February 2026, total... More
