Xiao-I Corporation Form 6-K Filing

Xiao-I Corporation has entered into a Securities Purchase Agreement with an institutional investor, Streeterville Capital, LLC. Pursuant to this agreement, the company issued an unsecured convertible promissory note with a principal amount of $3.25 million and 8,503,369 ordinary shares. The note was issued with an original issue discount of $240,000 and transaction expenses, resulting in a purchase price of $3.0 million. The agreement also allows for the potential issuance of two additional notes, each with a principal amount of $270,000. This Form 6-K report details the entry into the agreement and the closing of the initial transactions.