MarketPR
(Nasdaq: ADGM) issued 4,978,869 shares of common stock following the conversion of $776,111 in principal amount of its 13% Senior Secured Convertible Notes.
The company disclosed this unregistered sale in a Form 8-K filed with the U.S. Securities and Exchange Commission on October 1, 2026.
The conversion occurred between September 25, 2026, and October 1, 2026, utilizing an Alternate Conversion Election mechanism.
This process allowed holders to convert the notes at Alternate Conversion Prices ranging from $0.1265 to $0.1618 per share during that period.
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