---
title: "Taoping enters USD 3.2 million convertible note deal with Streeterville Capital"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292813709.md"
description: "Taoping Inc. entered a securities purchase agreement with Streeterville Capital for a USD 3.2 million unsecured convertible promissory note. The note carries a 7% annual interest rate, matures in 12 months, and allows conversion at USD 6 per share. Net proceeds of approximately USD 3 million will be used for working capital and general corporate purposes."
datetime: "2026-07-15T20:31:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292813709.md)
  - [en](https://longbridge.com/en/news/292813709.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292813709.md)
generator: "portal-rs"
---

# Taoping enters USD 3.2 million convertible note deal with Streeterville Capital

-   Taoping entered a securities purchase agreement with Streeterville Capital on July 15, 2026 for an unsecured convertible promissory note. \* Original principal amount USD 3.2 million, including a USD 180,000 original issue discount and USD 15,000 in transaction costs. \* Note matures in 12 months; interest accrues at 7% annually, rising to up to 18% on an uncured trigger event. \* Investor can convert at USD 6 per share; redemptions capped at USD 250,000 per month, with share-settlement tied to 80% of recent VWAP. \* Net proceeds estimated at about USD 3 million, earmarked for working capital and general corporate purposes. 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. Taoping Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-033374), on July 15, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**