Baijiayun Group (RTC) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Baijiayun Group Ltd has issued a $3 million convertible promissory note, secured under the Standby Equity Purchase Agreement with YA II PN, Ltd. This note, which carries a 10% original issue discount, offers the holder the option to convert balances into shares and includes clauses for early redemption and default events. Investors should watch for changes in the company’s payment obligations and potential conversion impacts on stock value.
For further insights into RTC stock, check out TipRanks’ Stock Analysis page.
