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GigaMedia Ltd (NASDAQ:GIGM) announced Monday that it has purchased a convertible note from Aeolus Robotics Corporation. The disclosure was made in a press release statement included in a filing with the U.S. Securities and Exchange Commission.
Details regarding the size, terms, or value of the convertible note were not provided in the filing. The announcement was signed by GigaMedia’s Chief Executive Officer, Huang Cheng-Ming.
GigaMedia is a technology company based in Taipei, Taiwan, and is listed on the NASDAQ exchange under the ticker GIGM. Aeolus Robotics Corporation operates in the robotics sector. No additional information about the transaction or its expected impact was included in the filing.
This report is based solely on information contained in the company’s press release statement filed with the SEC.
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