{"success":true,"data":{"pressRelease":{"id":"145182","rtpr_id":"nGNXbnP0nt-20260916","ticker":"AEHL","exchange":"NASDAQ","all_tickers":["AEHL"],"title":"Antelope Enterprise Holdings Limited Announces Closing of $6.0 Million Convertible Promissory Notes Offering","author":"Globe Newswire","published_at":"2026-09-16T12:30:00.587Z","article_body":"New York, New York, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Antelope Enterprise\nHoldings Limited (NASDAQ Capital Market: AEHL) (“Antelope Enterprise”,\n“AEHL” or the “Company”), which provides livestreaming ecommerce\nservices, business management and information systems consulting services in\nChina, today announced the closing of its previously announced offering of\n8.00% convertible promissory notes in an aggregate principal amount of $6.0\nmillion (the “Note”) to an accredited investor.\n\nThe Company received net proceeds from the offering of the Note of\napproximately $5.965 million, after deducting estimated offering expenses.\n\nThe Note bears interest at a rate of 8.00% per annum, which accrues from\nSeptember 10, 2026 until the Note is paid in full, and is payable in cash. The\nNote has no fixed maturity date and the Note in full or in any portion is\nconvertible into the Company's Class A ordinary shares, no par value per\nshare, at the option of the holder at any time on or after September 10, 2026.\nThe conversion price is equal to 80% of the lowest daily volume-weighted\naverage price (VWAP) of the ordinary shares on the Nasdaq Capital Market\nduring the three trading days ending on and including the applicable\nconversion date.\n\nConversions of the Note are subject to both (i) the Nasdaq 19.99% issuance cap\nunder Nasdaq Listing Rule 5635 and (ii) a strict beneficial ownership\nlimitation, meaning the holder will not have the right to convert any portion\nof the Note if, immediately following such conversion, the holder and its\naffiliates would beneficially own in excess of 9.99% of the Company's issued\nand outstanding ordinary shares. Additionally, the ordinary shares issuable\nupon conversion of the Note are subject to a Conversion Shares Registration\nCap of 12,000,000 shares.\n\nThe Notes were offered pursuant to a \"shelf\" registration statement on Form\nF-3 (File No. 333-295047), that was previously filed by the Company and became\neffective under the rules of the Securities and Exchange Commission (the\n\"SEC\") on May 5, 2026. A prospectus supplement relating to the Offering was\nfiled with the SEC and was available on the website of the SEC\nat www.sec.gov. Before investing in the Offering, you should read in their\nentirety the preliminary prospectus supplement and the accompanying prospectus\nand the other documents that the Company has filed with the SEC, which provide\nmore information about the Company and the Offering.\n\nThis press release does not constitute an offer to sell or the solicitation of\nan offer to buy the securities, nor shall there be any sale of the securities\nin any state or jurisdiction in which such offer, solicitation, or sale would\nbe unlawful prior to the registration or qualification under the securities\nlaws of such state or jurisdiction. Any unregistered conversion shares issued\nin excess of the registration cap will constitute \"restricted securities\"\nunder the Securities Act of 1933, as amended, and may not be offered, sold, or\notherwise transferred absent an effective registration statement or an\navailable exemption from registration.\n\nAbout Antelope Enterprise Holdings Limited\n\nAntelope Enterprise Holdings Limited (“Antelope Enterprise”, “AEHL” or\nthe “Company”) engages holds a 51% ownership position in Hainan Kylin\nCloud Services Technology Co. Ltd (“Kylin Cloud”), which operates a\nlivestreaming e-commerce business in China. For more information, please visit\nour website at https://aehltd.com.\n\nSafe Harbor Statement\n\nCertain of the statements made in this press release are “forward-looking\nstatements” within the meaning and protections of Section 27A of the\nSecurities Act of 1933, as amended, and Section 21E of the Securities Exchange\nAct of 1934, as amended. Forward-looking statements include statements with\nrespect to our beliefs, plans, objectives, goals, expectations, anticipations,\nassumptions, estimates, intentions, and future performance, and involve known\nand unknown risks, uncertainties and other factors, which may be beyond our\ncontrol, and which may cause the actual results, performance, capital,\nownership or achievements of the Company to be materially different from\nfuture results, performance or achievements expressed or implied by such\nforward-looking statements. Forward-looking statements in this press release\ninclude, without limitation, future Bitcoin market performance and\ndevelopments in the Bitcoin industry, our ability to regain customers lost\nresulting in a decline in our revenues, the continued stable macroeconomic\nenvironment in the PRC, the consumer and technology sectors continuing to\nexhibit sound long-term fundamentals, our ability to continue as a going\nconcern, our ability to raise capital to meet our capital needs, and our\nability to continue to grow our business management, information system\nconsulting, and online social commerce and live streaming business. All\nstatements other than statements of historical fact are statements that could\nbe forward-looking statements. You can identify these forward-looking\nstatements through our use of words such as “may,” “will,”\n“anticipate,” “assume,” “should,” “indicate,” “would,”\n“believe,” “contemplate,” “expect,” “estimate,”\n“continue,” “plan,” “point to,” “project,” “could,”\n“intend,” “target” and other similar words and expressions of the\nfuture.\n\nAll written or oral forward-looking statements attributable to us are\nexpressly qualified in their entirety by this cautionary notice, including,\nwithout limitation, those risks and uncertainties described in our annual\nreport on Form 6-K for the year ended March 31, 2026 and otherwise in our SEC\nreports and filings. Such reports are available upon request from the Company,\nor from the Securities and Exchange Commission, including through the SEC’s\nInternet website at http://www.sec.gov. We have no obligation and do not\nundertake to update, revise or correct any of the forward-looking statements\nafter the date hereof, or after the respective dates on which any such\nstatements otherwise are made.\n\nContact Information:\nAntelope Enterprise Holdings Limited\nXiaoying Song, Chief Financial Officer\ninfo@aehltd.com\n\nWFS Investor Relations Inc.\nEmail: services@wfsir.com\n+1 628 283 9214\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/6a1bb323-a607-4697-ae81-8e2a87496a92)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXbnP0nt-20260916","title":"Antelope Enterprise Holdings Limited Announces Closing of $6.0 Million Convertible Promissory Notes Offering","author":"Globe Newswire","ticker":"AEHL","created":"2026-09-16T12:30:00.587Z","tickers":["AEHL"],"exchange":"NASDAQ","article_body":"New York, New York, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Antelope Enterprise\nHoldings Limited (NASDAQ Capital Market: AEHL) (“Antelope Enterprise”,\n“AEHL” or the “Company”), which provides livestreaming ecommerce\nservices, business management and information systems consulting services in\nChina, today announced the closing of its previously announced offering of\n8.00% convertible promissory notes in an aggregate principal amount of $6.0\nmillion (the “Note”) to an accredited investor.\n\nThe Company received net proceeds from the offering of the Note of\napproximately $5.965 million, after deducting estimated offering expenses.\n\nThe Note bears interest at a rate of 8.00% per annum, which accrues from\nSeptember 10, 2026 until the Note is paid in full, and is payable in cash. The\nNote has no fixed maturity date and the Note in full or in any portion is\nconvertible into the Company's Class A ordinary shares, no par value per\nshare, at the option of the holder at any time on or after September 10, 2026.\nThe conversion price is equal to 80% of the lowest daily volume-weighted\naverage price (VWAP) of the ordinary shares on the Nasdaq Capital Market\nduring the three trading days ending on and including the applicable\nconversion date.\n\nConversions of the Note are subject to both (i) the Nasdaq 19.99% issuance cap\nunder Nasdaq Listing Rule 5635 and (ii) a strict beneficial ownership\nlimitation, meaning the holder will not have the right to convert any portion\nof the Note if, immediately following such conversion, the holder and its\naffiliates would beneficially own in excess of 9.99% of the Company's issued\nand outstanding ordinary shares. Additionally, the ordinary shares issuable\nupon conversion of the Note are subject to a Conversion Shares Registration\nCap of 12,000,000 shares.\n\nThe Notes were offered pursuant to a \"shelf\" registration statement on Form\nF-3 (File No. 333-295047), that was previously filed by the Company and became\neffective under the rules of the Securities and Exchange Commission (the\n\"SEC\") on May 5, 2026. A prospectus supplement relating to the Offering was\nfiled with the SEC and was available on the website of the SEC\nat www.sec.gov. Before investing in the Offering, you should read in their\nentirety the preliminary prospectus supplement and the accompanying prospectus\nand the other documents that the Company has filed with the SEC, which provide\nmore information about the Company and the Offering.\n\nThis press release does not constitute an offer to sell or the solicitation of\nan offer to buy the securities, nor shall there be any sale of the securities\nin any state or jurisdiction in which such offer, solicitation, or sale would\nbe unlawful prior to the registration or qualification under the securities\nlaws of such state or jurisdiction. Any unregistered conversion shares issued\nin excess of the registration cap will constitute \"restricted securities\"\nunder the Securities Act of 1933, as amended, and may not be offered, sold, or\notherwise transferred absent an effective registration statement or an\navailable exemption from registration.\n\nAbout Antelope Enterprise Holdings Limited\n\nAntelope Enterprise Holdings Limited (“Antelope Enterprise”, “AEHL” or\nthe “Company”) engages holds a 51% ownership position in Hainan Kylin\nCloud Services Technology Co. Ltd (“Kylin Cloud”), which operates a\nlivestreaming e-commerce business in China. For more information, please visit\nour website at https://aehltd.com.\n\nSafe Harbor Statement\n\nCertain of the statements made in this press release are “forward-looking\nstatements” within the meaning and protections of Section 27A of the\nSecurities Act of 1933, as amended, and Section 21E of the Securities Exchange\nAct of 1934, as amended. Forward-looking statements include statements with\nrespect to our beliefs, plans, objectives, goals, expectations, anticipations,\nassumptions, estimates, intentions, and future performance, and involve known\nand unknown risks, uncertainties and other factors, which may be beyond our\ncontrol, and which may cause the actual results, performance, capital,\nownership or achievements of the Company to be materially different from\nfuture results, performance or achievements expressed or implied by such\nforward-looking statements. Forward-looking statements in this press release\ninclude, without limitation, future Bitcoin market performance and\ndevelopments in the Bitcoin industry, our ability to regain customers lost\nresulting in a decline in our revenues, the continued stable macroeconomic\nenvironment in the PRC, the consumer and technology sectors continuing to\nexhibit sound long-term fundamentals, our ability to continue as a going\nconcern, our ability to raise capital to meet our capital needs, and our\nability to continue to grow our business management, information system\nconsulting, and online social commerce and live streaming business. All\nstatements other than statements of historical fact are statements that could\nbe forward-looking statements. You can identify these forward-looking\nstatements through our use of words such as “may,” “will,”\n“anticipate,” “assume,” “should,” “indicate,” “would,”\n“believe,” “contemplate,” “expect,” “estimate,”\n“continue,” “plan,” “point to,” “project,” “could,”\n“intend,” “target” and other similar words and expressions of the\nfuture.\n\nAll written or oral forward-looking statements attributable to us are\nexpressly qualified in their entirety by this cautionary notice, including,\nwithout limitation, those risks and uncertainties described in our annual\nreport on Form 6-K for the year ended March 31, 2026 and otherwise in our SEC\nreports and filings. Such reports are available upon request from the Company,\nor from the Securities and Exchange Commission, including through the SEC’s\nInternet website at http://www.sec.gov. We have no obligation and do not\nundertake to update, revise or correct any of the forward-looking statements\nafter the date hereof, or after the respective dates on which any such\nstatements otherwise are made.\n\nContact Information:\nAntelope Enterprise Holdings Limited\nXiaoying Song, Chief Financial Officer\ninfo@aehltd.com\n\nWFS Investor Relations Inc.\nEmail: services@wfsir.com\n+1 628 283 9214\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/6a1bb323-a607-4697-ae81-8e2a87496a92)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-16T12:30:01.142279114Z","server_sent_at_ms":1789561801142},"received_at":"2026-09-16T12:30:01.199Z","source_url":null},"analysis":{"id":"134015","press_release_id":"145182","analysis_json":{"industry":{"label":"Broadline Retail","sector":"Consumer Discretionary"},"redFlags":["Conversion price set at 80% of the lowest 3-day VWAP — heavily dilutive toxic-convert structure","Note has no fixed maturity date; holder controls conversion timing","Safe harbor language references 'ability to continue as a going concern' — proceeds likely needed for operations","Micro-cap China-based issuer using investor-facing convertible financing"],"eventType":"debt_offering","narrative":"Antelope Enterprise Holdings (NASDAQ: AEHL) closed a $6.0 million offering of 8.00% convertible promissory notes sold to a single accredited investor, receiving net proceeds of approximately $5.965 million.\n\nThe note has no fixed maturity date and is convertible into Class A ordinary shares at the holder's option at a conversion price equal to 80% of the lowest daily VWAP over the three trading days ending on the conversion date — a structure that invites significant dilution and selling pressure.\n\nConversions are constrained by the Nasdaq 19.99% issuance cap, a 9.99% beneficial ownership blocker, and a 12,000,000-share registration cap; the deal was issued off the company's F-3 shelf effective May 5, 2026.\n\nFor a micro-cap China-based livestreaming e-commerce operator whose own safe harbor language flags going-concern risk, the raise supplies needed capital but layers on a meaningful dilution overhang.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Micro-cap closes $6M convertible at 80% of lowest 3-day VWAP — watch for conversion-driven dilution pressure."},"keyFigures":{"dealValueUsd":6000000,"customDimensions":{"maturity":"no fixed maturity date","net_proceeds":5965000,"interest_rate":"8.00%","nasdaq_issuance_cap":"19.99%","interest_accrual_start":"September 10, 2026","registration_cap_shares":12000000,"beneficial_ownership_cap":"9.99%","conversion_price_formula":"80% of the lowest daily VWAP during the three trading days ending on and including the applicable conversion date"}},"namedEntities":{"people":[{"name":"Xiaoying Song","role":"Chief Financial Officer"}],"products":[],"companies":[{"name":"Antelope Enterprise Holdings Limited","ticker":"AEHL","relationship":"filer"},{"name":"Hainan Kylin Cloud Services Technology Co. Ltd (Kylin Cloud)","relationship":"51%-owned subsidiary"},{"name":"WFS Investor Relations Inc.","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$6.0 million","context":"aggregate principal amount of 8.00% convertible promissory notes"},{"amount":"$5.965 million","context":"approximate net proceeds after estimated offering expenses"}]},"materialImpact":{"score":3,"reasoning":"A $6.0M convertible note closing is a genuine financing event for this micro-cap, but the structure is what matters: conversion at 80% of the lowest 3-day VWAP is a classic dilution-heavy ('toxic' convert) mechanic, with registered conversions capped at 12,000,000 shares. The release also references going-concern risk, suggesting the company needs the capital."},"tickerRelevance":{"others":[],"primary":"AEHL"},"globalImportance":18,"audienceRelevance":15,"eventTypeSecondary":["dilution"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"convertible-note-closing","issuerAuthored":true,"chinaIssuerRisk":true,"dilutionStructure":"toxic-convert-80pct-lowest-VWAP","goingConcernReference":true}},"event_type":"debt_offering","event_type_secondary":["dilution"],"sentiment":"bearish","material_impact_score":3,"narrative":"Antelope Enterprise Holdings (NASDAQ: AEHL) closed a $6.0 million offering of 8.00% convertible promissory notes sold to a single accredited investor, receiving net proceeds of approximately $5.965 million.\n\nThe note has no fixed maturity date and is convertible into Class A ordinary shares at the holder's option at a conversion price equal to 80% of the lowest daily VWAP over the three trading days ending on the conversion date — a structure that invites significant dilution and selling pressure.\n\nConversions are constrained by the Nasdaq 19.99% issuance cap, a 9.99% beneficial ownership blocker, and a 12,000,000-share registration cap; the deal was issued off the company's F-3 shelf effective May 5, 2026.\n\nFor a micro-cap China-based livestreaming e-commerce operator whose own safe harbor language flags going-concern risk, the raise supplies needed capital but layers on a meaningful dilution overhang.","key_figures":{"dealValueUsd":6000000,"customDimensions":{"maturity":"no fixed maturity date","net_proceeds":5965000,"interest_rate":"8.00%","nasdaq_issuance_cap":"19.99%","interest_accrual_start":"September 10, 2026","registration_cap_shares":12000000,"beneficial_ownership_cap":"9.99%","conversion_price_formula":"80% of the lowest daily VWAP during the three trading days ending on and including the applicable conversion date"}},"named_entities":{"people":[{"name":"Xiaoying Song","role":"Chief Financial Officer"}],"products":[],"companies":[{"name":"Antelope Enterprise Holdings Limited","ticker":"AEHL","relationship":"filer"},{"name":"Hainan Kylin Cloud Services Technology Co. Ltd (Kylin Cloud)","relationship":"51%-owned subsidiary"},{"name":"WFS Investor Relations Inc.","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$6.0 million","context":"aggregate principal amount of 8.00% convertible promissory notes"},{"amount":"$5.965 million","context":"approximate net proceeds after estimated offering expenses"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-16T12:31:21.787Z","global_importance":18,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap","eventGravity":"convertible-note-closing","issuerAuthored":true,"chinaIssuerRisk":true,"dilutionStructure":"toxic-convert-80pct-lowest-VWAP","goingConcernReference":true}},"durationMs":39689,"modelName":"glm-5.3-flash"}}