Bitzero Holdings repaid approximately US$22,375,000 of senior secured Loan principal plus US$45,699.69 in accrued interest on August 6, 2026. The payoff released liens across its operating jurisdictions, freed US$2,000,000 of restricted cash and ended the loan’s financial covenants, giving investors a clearer view of available cash resources.

Key Highlights

  • Accrued and unpaid interest added US$45,699.69 to the repayment amount.
  • The repayment was funded principally with proceeds from a US$24,770,454 special-warrant private placement.
  • Bitzero repaid the senior secured loan in full on August 6, 2026.

Bitzero Holdings Inc. (NASDAQ: AIBZ) repaid all outstanding obligations under its senior secured loan, covering approximately US$22,375,000 (US$22.4 million) of principal, on August 6, 2026. The payoff discharged the loan and removed the related security interests over Bitzero’s Assets and those of certain subsidiaries.

Loan Payoff Funded With Special-Warrant Proceeds

Bitzero funded the repayment principally with net proceeds from a previously completed private Placement of special warrants.

Liens Released and Financial Covenants End

The release of the loan security covered registered interests in Norway, the United States, including North Dakota, and other jurisdictions where Bitzero operates. The payoff also ended the financial covenants that had applied under the loan agreement. The company had issued a prepayment notice at least five Business days before the repayment date, consistent with the loan agreement’s prepayment mechanics.