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InspireSemi Announces Security Issuances

VANCOUVER, British Columbia and AUSTIN, Texas, Jan. 10, 2025 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc.  (“InspireSemi” or the “Company”), a chip design company that provides revolutionary high-performance, energy-efficient accelera


  • Jan 10 2025
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VANCOUVER, British Columbia and AUSTIN, Texas, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Inspire Semiconductor Holdings Inc.  (“InspireSemi” or the “Company”), a chip design company that provides revolutionary high-performance, energy-efficient accelerated computing solutions for High Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads, announces that it has issued an aggregate of 5,031.25 proportionate voting shares in the capital of the Company (the "PV Shares") at a deemed issuance price of $16.00 per PV Share to settle in full $80,500 in interest owing (the "Interest Payment") to the holders of outstanding 10% unsecured convertible debentures issued on January 6, 2023 (the "Debentures"). Read More

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