ECARX terminates US$ 100 million convertible note purchase option

ECARX terminated an investor's right to purchase up to US$100 million of additional convertible notes, reducing potential shareholder dilution. The October 12, 2026, agreement requires a one-time US$10 million cash payment by October 26, 2026. No further notes will be issued under the US$150 million securities purchase agreement; an initial US$50 million note was issued in October 2025. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ECARDX Holdings Inc. published the original content used to generate this news brief on October 15, 2026, and is solely responsible for the information contained therein. (C)