ECARX Holdings Inc. Enters Convertible Note Agreement
Ticker: ECXWW · Form: 6-K · Filed: Nov 28, 2025 · CIK: 1861974
| Field | Detail |
|---|---|
| Company | Ecarx Holdings INC. (ECXWW) |
| Form Type | 6-K |
| Filed Date | Nov 28, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $100 million, $35 million, $65 million, $25 million, $40 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: financing, debt
TL;DR
ECARX inked a convertible note deal with an existing holder on Nov 3, 2025.
AI Summary
ECARX Holdings Inc. announced on November 3, 2025, that it entered into a convertible note purchase agreement with an existing holder. This filing is a report of a foreign private issuer for the month of November 2025.
Why It Matters
This agreement could impact the company's capital structure and future dilution, depending on the terms of the convertible note.
Risk Assessment
Risk Level: medium — Convertible notes can introduce future dilution and complexity to a company's financial structure.
Key Players & Entities
- ECARX Holdings Inc. (company) — Registrant
- November 3, 2025 (date) — Date of convertible note purchase agreement
- 2025 Note Purchase Agreement (document) — Agreement for convertible note
FAQ
What is the principal amount of the convertible note?
The filing does not specify the principal amount of the convertible note.
What is the interest rate on the convertible note?
The filing does not disclose the interest rate of the convertible note.
What is the maturity date of the convertible note?
The maturity date of the convertible note is not provided in this filing.
What are the terms of conversion for the convertible note?
The conversion terms of the convertible note are not detailed in this report.
Who is the existing holder that entered into the agreement?
The identity of the existing holder is not disclosed in this filing.
Filing Stats: 414 words · 2 min read · ~1 pages · Grade level 12.7 · Accepted 2025-11-28 06:06:18
Key Financial Figures
- $100 million — ance and sale by the Company of up to US$100 million of convertible notes (the "2025 Notes")
- $35 million — r agreed to purchase in the amount of US$35 million (the "Initial Note") and additional inv
- $65 million — be sought in respect of the remaining US$65 million (the "Additional Notes"). Closing of t
- $25 million — e an Additional Note in the amount of US$25 million (the "First Additional Note"). Closing
- $40 million — of Additional Notes for the remaining US$40 million in principal will depend on the identif
Filing Documents
- a4920-4519x0724_v318xecxxf.htm (6-K) — 14KB
- 0001628280-25-054218.txt ( ) — 15KB
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. ECARX Holdings Inc. By s Jing (Phil) Zhou Name Jing (Phil) Zhou Title Chief Financial Officer Date November 28, 2025