Integrated Media Technology Limited filed a Form 6-K with the U.S. Securities and Exchange Commission dated November 11, 2026, disclosing the issuance of two convertible promissory notes with an aggregate original principal amount of $555,555.55.

Key Highlights

  • Aggregate principal: Two notes issued totaling $555,555.55, with a 10% original issue discount making the aggregate purchase price $500,000.00.
  • Note holders: C/M Capital Master Fund, LP received a note for $222,222.22 and WVP Emerging Manager Onshore Fund, LLC - C/M Capital Series received a note for $333,333.33.
  • Net proceeds: The company received net proceeds of $490,000 after deducting legal fees, designated for working capital.
  • Interest and maturity: The notes bear interest at 5% per annum and mature on August 10, 2027.
  • Conversion price: Holders may convert principal into ordinary shares at US$1.00 per share, subject to adjustment.
  • Conversion cap: No conversion may be effected if it would result in a noteholder owning more than 4.99% equity interest in the company, though the filing notes the holder may increase this limit under certain conditions.

Integrated Media Technology's November 2026 Convertible Note Issuance Details

According to the Form 6-K filed by Integrated Media Technology Limited (NASDAQ:IMTE), the company issued two "substantially identical convertible promissory notes of like tenor" on November 11, 2026. The notes carry an aggregate original principal amount of $555,555.55 and were issued with an aggregate original issue discount of 10%, meaning the aggregate purchase price paid by all holders was $500,000.00. After deducting legal fees, the company disclosed it received net proceeds of $490,000, which are designated for working capital.

The two notes were allocated between C/M Capital Master Fund, LP, which paid $222,222.22, and WVP Emerging Manager Onshore Fund, LLC - C/M Capital Series, which paid $333,333.33. The filing states the notes are interest bearing at 5% per annum and mature on August 10, 2027. Each holder has the right to convert the principal into ordinary shares of the company at a conversion price of US$1.00 per share, subject to adjustment, over the term of the note.

The filing further discloses a conversion limitation provision: "no conversion can be effected if after such conversion the noteholder would own more than 4.99% equity interest in the Company." The filing also notes that the noteholder has the right to increase this conversion limitation under certain conditions described in the note. The Form 6-K was signed by Con Unerkov, Chairman and Chief Executive Officer, on November 12, 2026. The full text of each note is filed as exhibits 99.1 and 99.2, respectively, and the filing states that the description of the notes "is qualified in its entirety by reference to the text thereof."

What Was Disclosed

Integrated Media Technology Limited disclosed the November 11, 2026 issuance of two convertible promissory notes totaling $555,555.55 in original principal, issued at a 10% discount, bearing 5% annual interest, maturing August 10, 2027, and convertible into ordinary shares at US$1.00 per share.