XIAO-I is trading 10.71% down at $0.49 amid continued selling pressure after the August 26, 2026 convertible-note financing.
- The unsecured note carries $4.33 million in principal, with a variable conversion price tied to 90% of the lowest recent VWAP, creating potential dilution concerns.
- No new company announcement was identified for August 31, 2026.
- Broader markets are also weaker, but XIAO-Iās decline is substantially sharper than the major indexes, while recent sessions show pronounced volatility.