---
title: "Republic Power Group closes USD 285,000 convertible note financing with Dune Equity Holdings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294872330.md"
description: "Republic Power Group closed a USD 285,000 convertible note financing with Dune Equity Holdings on July 24, 2026. The first tranche includes a 12% annual interest rate, 12-month maturity, and conversion at 80% of recent trading price, accompanied by 53,000 commitment shares. A second identical tranche is contingent upon Nasdaq compliance and an effective SEC resale registration within 75 days."
datetime: "2026-08-04T21:01:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294872330.md)
  - [en](https://longbridge.com/en/news/294872330.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294872330.md)
generator: "portal-rs"
---

# Republic Power Group closes USD 285,000 convertible note financing with Dune Equity Holdings

-   Republic Power Group closed a Securities Purchase Agreement with Dune Equity Holdings on July 24, 2026. \* Issued a first-tranche promissory note with USD 285,000 principal, including a USD 25,000 original issuance discount. \* Note carries 12% annual interest, matures in 12 months, converts at 80% of a recent-trading-price formula. \* Issued 53,000 Class A ordinary shares as commitment shares tied to the first tranche. \* Second USD 285,000 tranche hinges on Nasdaq compliance and an effective SEC resale registration statement within 75 days. 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. Republic Power Group Ltd. 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: 0001213900-26-085198), on August 04, 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.**