10/06/2026 | Press release | Distributed by Public on 10/06/2026 12:06
Item 1.01 Entry into a Material Definitive Agreement.
On October 1, 2026, Chaince Digital Holdings Inc. (the "Company") entered into a Subscription Agreement (the "Subscription Agreement") with Sentinel Strategic Holdings LP ("Sentinel"), pursuant to which the Company subscribed for a Class A Limited Partnership Interest in Sentinel and made a capital commitment of US$20.0 million. The Company's subscription was accepted on behalf of Sentinel by Sentinel Strategic Holdings GP Ltd., its general partner.
Pursuant to the Subscription Agreement, the Company's capital commitment was required to be funded upon receipt of drawdown notices from Sentinel's general partner. After receiving a drawdown notice for the full amount of its US$20.0 million capital commitment, the Company funded its capital commitment in full on October 5, 2026.
The foregoing description of the Subscription Agreement does not purport to be complete and is qualified in its entirety by reference to the form of Subscription Agreement filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
This report on Form 8-K is incorporated by reference into the Company's Registration Statement on Form F-3 filed with the Securities and Exchange Commission on May 20, 2025 and last amended on June 26, 2025 (Registration No. 333-287428).
Item 2.01 Completion of Acquisition or Disposition of Assets.
The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.