Antelope Enterprise

Antelope Enterprise Holdings completed a registered direct placement of a convertible note of about $3 million to an accredited investor. The note carries an 8% annual interest rate, matures in 18 months and is convertible into Class‑A common stock, subject to a 9.99% ownership cap. The conversion price equals 90% of the lowest Bloomberg-reported daily price prior to the conversion notice; the securities were issued via a prospectus supplement under the existing F‑3 registration. » More on de.investing.com

Antelope Enterprise realized $190,000 from its Bitcoin strategy and plans to use $95,000 (50%) of those proceeds by June 6, 2026 to repurchase common shares on the open market. The Bitcoin allocation ("Genius Plan") has been running since February 2026, holdings are custodied at BitGo, and CEO Tingting Zhang intends to deploy 90% of proceeds from an F-3 shelf registration into further Bitcoin investments. The company has a small market capitalization of $1.55 million, a share price near its 52-week low, and data indicate high cash burn and an overall weak financial position. » More on de.investing.com