Loeb Represents Zeta Network Group in $6 Million Registered Direct Offering of Convertible Notes and Warrants

Loeb & Loeb represented Zeta Network Group, a Nasdaq-listed digital infrastructure and financial technology company pioneering the convergence of traditional finance and the digital asset economy, in its $6 million registered direct offering. 

On March 10, 2026, Zeta Network Group entered into a securities purchase agreement with certain institutional investors for the purchase and sale of up to $10 million of notes convertible into the company’s Class A ordinary shares, which have a nominal or par value of $0.25 each, and warrants to purchase the Class A ordinary shares. 

The investment is to take place in two tranches. The first tranche included: (a) $6 million in principal amount of the company’s senior 10% original issue discount convertible promissory notes, and (b) warrants to purchase 270,271 Class A ordinary shares. The Company also agreed to issue 185,344 pre-delivery shares to the investors. 

The first tranche resulted in gross proceeds to the company of $5.4 million, before deducting placement agent fees and other offering expenses. The company also entered into a placement agency agreement dated March 10, 2026, with Maxim Group, LLC, as its exclusive placement agent, in connection with the offering. The company agreed to pay Maxim Group, LLC an aggregate fee equal to 6% of the gross proceeds raised in the offering. The offering closed on March 12, 2026.

The Loeb team that represented Zeta Network Group in this transaction included Henry Yin, chair of the firm’s Asia M&A and Technology Transactions practice, Capital Markets partner Holt Goddard, senior counsel Sherry Li and associate Shaun Tho.

For more information, please see Zeta Network Group’s press release.