Micropolis Secures $5M Via Convertible Note
Ticker: MCRP · Form: 6-K · Filed: Sep 2, 2025 · CIK: 1993431
| Field | Detail |
|---|---|
| Company | Micropolis Holding CO (MCRP) |
| Form Type | 6-K |
| Filed Date | Sep 2, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $5,000,000, $5,430,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financing, debt-issuance, material-agreement
TL;DR
Micropolis just got $5M from Streeterville Capital for a convertible note.
AI Summary
On August 21, 2025, Micropolis Holding Company entered into a Securities Purchase Agreement with Streeterville Capital, LLC. Under this agreement, Micropolis received $5,000,000 in exchange for issuing a convertible promissory note.
Why It Matters
This transaction provides Micropolis Holding Company with capital, potentially for operational expansion or other strategic initiatives.
Risk Assessment
Risk Level: medium — The issuance of a convertible note can introduce dilution risk for existing shareholders if converted into equity.
Key Numbers
- $5.0M — Capital Raised (Received from Streeterville Capital, LLC via a convertible note.)
Key Players & Entities
- Micropolis Holding Company (company) — Registrant
- Streeterville Capital, LLC (company) — Investor
- $5,000,000 (dollar_amount) — Consideration received by Micropolis
- August 21, 2025 (date) — Date of Securities Purchase Agreement
FAQ
What are the terms of the convertible promissory note issued to Streeterville Capital, LLC?
The filing states that a convertible promissory note was issued, but the specific terms (interest rate, maturity date, conversion price) are not detailed in this excerpt.
What is the principal business of Micropolis Holding Company?
Micropolis Holding Company is classified under the SIC code 3714 for MOTOR VEHICLE PARTS & ACCESSORIES.
Where is Micropolis Holding Company's principal executive office located?
The principal executive offices are located at Warehouse 1, Dar Alkhaleej Building, Dubai Production City, Dubai, UAE.
What other forms does Micropolis Holding Company file?
Micropolis Holding Company files annual reports under Form 20-F.
What is the filing date of this 6-K report?
This 6-K report was filed on September 2, 2025.
Filing Stats: 807 words · 3 min read · ~3 pages · Grade level 15.5 · Accepted 2025-09-02 08:00:03
Key Financial Figures
- $5,000,000 — pursuant to which the Company received $5,000,000 in consideration of the issuance of: a
- $5,430,000 — o;) in the original principal amount of $5,430,000; and a warrant (the “Warrant&rd
Filing Documents
- ea0255446-6k_micropolis.htm (6-K) — 17KB
- ea025544601ex10-1_micropolis.htm (EX-10.1) — 130KB
- ea025544601ex10-2_micropolis.htm (EX-10.2) — 64KB
- ea025544601ex10-3_micropolis.htm (EX-10.3) — 65KB
- ea025544601ex10-4_micropolis.htm (EX-10.4) — 41KB
- 0001213900-25-082916.txt ( ) — 318KB
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. Micropolis Holding Company Date: September 2, 2025 By: /s/ Fareed Aljawhari Name: Fareed Aljawhari Title: Chief Executive Officer 2