{"id":27304,"date":"2025-07-22T11:33:41","date_gmt":"2025-07-22T04:33:41","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=27304"},"modified":"2025-07-22T11:33:41","modified_gmt":"2025-07-22T04:33:41","slug":"gigamedia-announces-purchase-of-convertible-note-of-aeolus-robotics-corporation-2","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=27304","title":{"rendered":"GigaMedia Announces Purchase of Convertible Note of Aeolus Robotics Corporation"},"content":{"rendered":"

TAIPEI<\/span><\/span>, July 21, 2025<\/span><\/span> \/PRNewswire\/ — GigaMedia Limited (NASDAQ: GIGM) today announced that the Company has entered into and executed an agreement to purchase a US$1,500,000<\/span> principal amount of convertible promissory note (the “Note”) issued by Aeolus Robotics Corporation (“Aeolus”), a global company primarily engaged in designing, manufacturing, processing and sales of intellectual robotics.<\/p>\n

The Note, bearing interest at a rate of 4.5% per annum, shall be due in 36 months, and all or a portion of the principal amount under the Note may be convertible at GigaMedia’s option upon maturity, upon prepayment, or when certain events occur, into ordinary shares of Aeolus at a price of US$0.02<\/span> per share.<\/p>\n

The purchase and sale of the Note exhibits GigaMedia and Aeolus’s mutual commitment to a longer-term strategic relationship. GigaMedia continually reviews its investment alternatives and may enter into additional transactions of Aeolus’s securities in accordance with applicable laws.<\/p>\n

About GigaMedia<\/b><\/p>\n

Headquartered in Taipei, Taiwan<\/span>, GigaMedia Limited (Singapore<\/span> registration number: 199905474H) is a diversified provider of digital entertainment services in Taiwan<\/span> and Hong Kong<\/span>. GigaMedia’s digital entertainment service business is an innovative leader in Asia<\/span> with growing capabilities of development, distribution and operation of digital entertainments, as well as platform services for games with a focus on mobile games and casual games. More information on GigaMedia can be obtained from www.gigamedia.com<\/a>.<\/p>\n

The statements included above and elsewhere in this press release that are not historical in nature are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the Company’s current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia’s Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in April 2025<\/span>.<\/i><\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

TAIPEI<\/span><\/span>, July 21, 2025<\/span><\/span> \/PRNewswire\/ — GigaMedia Limited (NASDAQ: GIGM) today announced that the Company has entered into and executed an agreement to purchase a US$1,500,000<\/span> principal amount of convertible promissory note (the “Note”) issued by Aeolus Robotics Corporation (“Aeolus”), a global company primarily engaged in designing, manufacturing, processing and sales of intellectual robotics.<\/p>\n

The Note, bearing interest at a rate of 4.5% per annum, shall be due in 36 months, and all or a portion of the principal amount under the Note may be convertible at GigaMedia’s option upon maturity, upon prepayment, or when certain events occur, into ordinary shares of Aeolus at a price of US$0.02<\/span> per share.<\/p>\n

The purchase and sale of the Note exhibits GigaMedia and Aeolus’s mutual commitment to a longer-term strategic relationship. GigaMedia continually reviews its investment alternatives and may enter into additional transactions of Aeolus’s securities in accordance with applicable laws.<\/p>\n

About GigaMedia<\/b><\/p>\n

Headquartered in Taipei, Taiwan<\/span>, GigaMedia Limited (Singapore<\/span> registration number: 199905474H) is a diversified provider of digital entertainment services in Taiwan<\/span> and Hong Kong<\/span>. GigaMedia’s digital entertainment service business is an innovative leader in Asia<\/span> with growing capabilities of development, distribution and operation of digital entertainments, as well as platform services for games with a focus on mobile games and casual games. More information on GigaMedia can be obtained from www.gigamedia.com<\/a>.<\/p>\n

The statements included above and elsewhere in this press release that are not historical in nature are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the Company’s current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia’s Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in April 2025<\/span>.<\/i><\/p>\n

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