AIXI is trading at $1.74 (down 5.4%) today. - The decline comes as Xiao-I Corporation announced an unsecured convertible promissory note financing of $2 million on June 30, 2026. - This financing, involving a $2.17 million principal amount and 325,000 ADSs, is expected to close around June 30, 2026, and provides crucial working capital. - The stock continues to face downward pressure, having declined in 9 of the last 10 days, with the financing potentially aimed at addressing ongoing capital needs amid market volatility.
🔴 AIXI down 5.4% today as company announces $2M convertible note financing
XIAO-I Corporation American
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