Concorde Intl. Group Reports on Softbank Convertible Note
Ticker: CIGL · Form: 6-K · Filed: Sep 25, 2025 · CIK: 2001794
| Field | Detail |
|---|---|
| Company | Concorde International Group Ltd. (CIGL) |
| Form Type | 6-K |
| Filed Date | Sep 25, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $1,000,000, $1,000,000.00, $36,328.69, $0.00001, $4.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: convertible-note, financing, disclosure
TL;DR
Softbank's $1M convertible note with Concorde Intl. Group is detailed, convertible to Class A shares.
AI Summary
Concorde International Group Ltd. reported on a material event concerning a US $1,000,000 convertible note subscribed by Softbank Robotics Singapore Pte Ltd on June 10, 2024. This note has a 24-month maturity period and is convertible into the Company's Class A Ordinary Shares.
Why It Matters
This filing clarifies the terms of a significant convertible note from Softbank, impacting Concorde's capital structure and potential share dilution.
Risk Assessment
Risk Level: medium — The conversion of the note could lead to share dilution, impacting existing shareholders.
Key Numbers
- US $1,000,000 — Convertible Note Value (Amount subscribed by Softbank Robotics Singapore Pte Ltd.)
- 24-month — Maturity Period (Duration of the convertible note.)
Key Players & Entities
- Concorde International Group Ltd. (company) — Registrant
- Softbank Robotics Singapore Pte Ltd (company) — Subscriber of convertible note
- US $1,000,000 (dollar_amount) — Value of convertible note
- June 10, 2024 (date) — Date convertible note was subscribed
- May 15, 2025 (date) — Date of Company's Form 20-F annual report
FAQ
What is the conversion price of the convertible note?
The filing states the note is convertible at a price 'equal to', but the specific price is not fully detailed in the provided text.
When was the convertible note initially issued?
The convertible note was subscribed by Softbank Robotics Singapore Pte Ltd on June 10, 2024.
What is the total maturity period of the convertible note?
The convertible note has a 24-month maturity period.
What type of shares is the convertible note convertible into?
The note is convertible into the Company's Class A Ordinary Shares.
Has Concorde International Group Ltd. previously disclosed this convertible note?
Yes, the Company previously disclosed this convertible note in its annual report on Form 20-F dated May 15, 2025.
Filing Stats: 367 words · 1 min read · ~1 pages · Grade level 14.9 · Accepted 2025-09-25 16:30:19
Key Financial Figures
- $1,000,000 — (“Softbank”) subscribed US $1,000,000 convertible note (the “Note&rdquo
- $1,000,000.00 — ted the original principal amount of US $1,000,000.00 and accrued but unpaid interest in the
- $36,328.69 — but unpaid interest in the amount of US $36,328.69 of the Note into 259,082 Class A Ordina
- $0.00001 — uo;Conversion Shares”), par value $0.00001 per share, of the Company. According to
- $4.00 — sion Shares at a conversion price of US $4.00 per share. SIGNATURES Pursuant to th
Filing Documents
- ea0258789-6k_concorde.htm (6-K) — 9KB
- 0001213900-25-091673.txt ( ) — 10KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: September 25, 2025 CONCORDE INTERNATIONAL GROUP LTD. By: /s/ Swee Kheng Chua Swee Kheng Chua Chief Executive Officer and Chairman