---
title: "Horizon Robotics closes amendment to convertible loan agreement, convertible shares issued"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294683218.md"
description: "Horizon Robotics closed an amendment to its convertible loan agreement on Aug. 3, 2026, ending the original contract. The deal involved issuing conversion shares and cash payments. Consequently, CARIAD’s stake increased from 1.85% to 9.9% via over 1.3 billion shares. Full conversion of 2027 bonds would create ~635 million shares, granting bondholders 3.85% ownership."
datetime: "2026-08-03T11:05:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294683218.md)
  - [en](https://longbridge.com/en/news/294683218.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294683218.md)
generator: "portal-rs"
---

# Horizon Robotics closes amendment to convertible loan agreement, convertible shares issued

-   Horizon Robotics closed an amendment to its convertible loan agreement on Aug. 3, 2026, ending all rights and obligations under the original CLA. \* The closing completed issuance of conversion shares, payment for an excess portion, and an additional cash payment under the amended terms. \* Post-closing, CARIAD’s stake rose to 9.9% from 1.85% via 1,301,763,486 conversion shares. \* Full conversion of convertible bonds due 2027 at an initial HK$ 5.55 would create 635,635,135 shares, implying 3.85% ownership for bondholders. 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. Horizon Robotics published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260803-12269283), on August 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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