Skip to main content

What is the Convertible Note Exchange Offer?

Josh avatar
Written by Josh
Updated over 2 weeks ago

Investors who are current holders of certain eligible Groundfloor Notes have the option, but not the obligation, to exchange their Groundfloor Notes for an investment in a Convertible Note in order to extend their maturity date to July 31, 2026 while continuing to receive monthly interest payments at a rate of 11%, beginning on June 30, 2025.

Did this answer your question?