GigaMedia Limited Forms Strategic Partnership with Aeolus Robotics Through Convertible Note Purchase
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GigaMedia Limited has formed a strategic partnership with Aeolus Robotics through a US$1.5 million convertible promissory note purchase. The note, with a 4.5% interest rate and a 36-month maturity, allows GigaMedia to convert the principal into Aeolus’s shares. This partnership reflects both companies' commitment to a long-term relationship and GigaMedia's interest in investment opportunities in intellectual robotics.
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