Tantech Holdings Ltd. Exchanges $625K Promissory Note
Ticker: TANH · Form: 6-K · Filed: Sep 24, 2025 · CIK: 1588084
| Field | Detail |
|---|---|
| Company | Tantech Holdings Ltd (TANH) |
| Form Type | 6-K |
| Filed Date | Sep 24, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $625,000.00, $2,160,000, $100,000.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-exchange, promissory-note, financial-restructuring
TL;DR
Tantech swapped $625K of old debt for something else with Streeterville.
AI Summary
Tantech Holdings Ltd. entered into exchange agreements on September 17, 19, and 23, 2025, to exchange $625,000.00 aggregate principal amount of a promissory note originally issued for $2,160,000.00 on August 1, 2024. The note was exchanged with Streeterville.
Why It Matters
This exchange impacts the company's outstanding debt obligations and financial structure, potentially affecting its balance sheet and investor perception.
Risk Assessment
Risk Level: medium — The exchange of a significant promissory note suggests potential financial restructuring or debt management activities that could carry inherent risks.
Key Numbers
- $625.0K — Promissory Note Exchange Amount (Amount of the promissory note principal exchanged in September 2025.)
- $2.16M — Original Promissory Note Principal (The initial value of the promissory note issued in August 2024.)
Key Players & Entities
- Tantech Holdings Ltd (company) — Registrant
- Streeterville (company) — Counterparty in exchange agreement
- $625,000.00 (dollar_amount) — Aggregate principal amount of promissory note exchanged
- $2,160,000.00 (dollar_amount) — Original principal amount of promissory note
- August 1, 2024 (date) — Date of original promissory note issuance
- September 17, 19, and 23, 2025 (date) — Dates of exchange agreements
FAQ
What was the specific nature of the exchange agreement for the promissory note?
The filing states that Tantech Holdings Ltd. agreed to exchange $625,000.00 aggregate principal amount of a promissory note with Streeterville, pursuant to exchange agreements dated September 17, 19, and 23, 2025.
What was the original principal amount and issuance date of the promissory note?
The promissory note had an original principal amount of $2,160,000.00 and was dated August 1, 2024.
Who is the counterparty in these exchange agreements?
The counterparty is identified as Streeterville.
What is the significance of the dates September 17, 19, and 23, 2025, for Tantech Holdings Ltd.?
These are the dates on which Tantech Holdings Ltd. entered into the exchange agreements concerning the promissory note.
What is the SIC code for Tantech Holdings Ltd.?
The Standard Industrial Classification (SIC) code for Tantech Holdings Ltd. is 2860, which corresponds to Industrial Organic Chemicals.
Filing Stats: 419 words · 2 min read · ~1 pages · Grade level 12.8 · Accepted 2025-09-24 17:00:07
Key Financial Figures
- $625,000.00 — Ltd (the "Company") agreed to exchange $625,000.00 aggregate principal amount of that cert
- $2,160,000 — 24, in the original principal amount of $2,160,000.00, with Streeterville Capital, LLC, a
- $100,000.00 — he Company also agreed to exchange: (i) $100,000.00 aggregate principal amount of the Note
Filing Documents
- tanh_6k.htm (6-K) — 12KB
- tanh_ex101.htm (EX-10.1) — 27KB
- 0001477932-25-006998.txt ( ) — 41KB
From the Filing
tanh_6k.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2025 Commission File Number: 001-36885 TANTECH HOLDINGS LTD (Translation of registrant's name into English) No. 10 Cen Shan Road, Shuige Industrial Zone Lishui City, Zhejiang Province People's Republic of China 323000 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F Explanatory Note: Pursuant to the exchange agreements dated September 17, 19 and 23, 2025, respectively, Tantech Holdings Ltd (the "Company") agreed to exchange $625,000.00 aggregate principal amount of that certain promissory note (the "Note") of the Company dated August 1, 2024, in the original principal amount of $2,160,000.00, with Streeterville Capital, LLC, a Utah limited liability company (the "Holder"), for an aggregate of 378,874 common shares, no par value per share, of the Company. Prior to the above issuances, the Company also agreed to exchange: (i) $100,000.00 aggregate principal amount of the Note for the issuance of an aggregate of 62,189 common shares to the Holder pursuant to an exchange agreement dated August 1, 2025, (ii) $100,000.00 aggregate principal amount of the Note for the issuance of an aggregate of 62,003 common shares to the Holder pursuant to an exchange agreement dated July 2, 2025, and (iii) $100,000.00 aggregate principal amount of the Note for the issuance of an aggregate of 43,554 common shares to the Holder pursuant to an exchange agreements dated March 3, 2025. The issuances of the above-referenced common shares of the Company were pursuant to the exemption from the registration requirements afforded by Section 3(a)(9) of the Securities Act of 1933, as amended. The foregoing descriptions of the exchange agreements are summaries of certain material terms of such agreements and are qualified in their entirety by reference to the exchange agreements, which are substantially in the form as or similar to the exchange agreement dated September 23, 2025, attached hereto as Exhibit 10.1. EXHIBIT INDEX Exhibits No. Description 10.1 Form of Exchange Agreement with Streeterville Capital, LLC dated September 23, 2025 2 SIGNATURE 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. Tantech Holdings Ltd Date: September 24, 2025 By: /s/ Zheyuan Liu Zheyuan Liu Chief Executive Officer 3