Sangrix Inc. filed a Form 6-K on October 30, 2026, disclosing that holders of its senior secured convertible notes converted a combined principal and accrued interest amount into Class A ordinary shares between September 30 and October 16, 2026.

Key Highlights

  • Principal converted: An aggregate principal amount of $3,300,000 was converted.
  • Accrued interest included: $209,807 in accrued interest was also converted alongside the principal.
  • Shares issued: An aggregate of 2,153,257 Class A ordinary shares were issued as a result of the conversion.
  • Conversion price: Shares were issued at a conversion price of $1.63 per share.
  • Par value: Each Class A ordinary share carries a par value of $0.0003 per share.
  • Conversion window: The conversions occurred between September 30, 2026, and October 16, 2026.

Sangrix Senior Secured Note Conversions: September-October 2026 Details

According to the Form 6-K filed with the U.S. Securities and Exchange Commission, Sangrix Inc. (NASDAQ:SGRX), a foreign private issuer incorporated and headquartered in Singapore, reported that holders of its senior secured convertible notes carried out a series of conversions during a period spanning September 30, 2026, to October 16, 2026. The company disclosed that the aggregate principal amount converted totaled $3,300,000, combined with accrued interest of $209,807.

The filing states that the combined amount was converted into an aggregate of 2,153,257 Class A ordinary shares of the company, each with a par value of $0.0003 per share. The conversion price applied was $1.63 per share, according to the filing. The report was signed on behalf of the registrant by Jinghai Jiang, who holds the titles of Chief Executive Officer, Chief Operating Officer, and Chairman of the Board.

The company files its annual reports under cover of Form 20-F, as indicated on the filing's cover page. The report was submitted for the month of October 2026 under Commission File Number 001-38857. No other financial data, forward-looking statements, or additional disclosures were included in this filing beyond the conversion details described above.

What Was Disclosed

Sangrix Inc. disclosed that between September 30 and October 16, 2026, note holders converted $3,300,000 in principal plus $209,807 in accrued interest into 2,153,257 Class A ordinary shares at $1.63 per share.