🔴 XIAO-I is trading 6.8% down today after August 26 convertible-note financing

XIAO-I is trading at $0.47 (-6.80%), under continued selling pressure following its August 26, 2026 convertible-note financing.

• The company issued an unsecured note with $4.33 million principal for $4 million in proceeds, creating potential future dilution.
• The decline followed sharp losses from August 26 through August 31 after the stock’s August 25 spike.
• Broader risk-off sentiment, including weaker major indexes, may add pressure, but the financing remains the clearest catalyst.