Xiao-I Corporation Agrees To Sell $4.33M Unsecured Convertible Note For $4M To Institutional Investor
On August 26, 2026, Xiao-I Corporation (the "Company") entered into a Securities Purchase Agreement (the "SPA") with an institutional investor, pursuant to which the Company agreed to issue and sell an
Xiao-I got $4 million from an investor by promising to pay it back later, or let them own part of the company instead. When a company borrows money this way, it can mean they need cash right now, so watch if they explain how they'll use it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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