On May 10, 2024, MultiSensor AI Holdings, Inc. (Infrared Cameras), a company listed on The NASDAQ Stock Market, reported the entry into a material definitive agreement through a Form 8-K filing with the SEC. The company amended the conversion price of a specific convertible note with a principal balance of $250,000. The amended conversion prices are set at $5.00 per share for the principal amount and $10.00 per share for the interest amount of the note. Concurrently, the note holder elected to convert the note into 50,882 shares of common stock. This conversion and amendment of the note were effective as of the reporting date, May 10, 2024. The full details of the note amendment are disclosed in Exhibit 10.1 of the Current Report.

On May 10, 2024, MultiSensor AI Holdings, Inc. (Infrared Cameras), a company listed on The NASDAQ Stock Market, reported the entry into a material definitive agreement through a Form 8-K filing with the SEC. The company amended the conversion price of a specific convertible note with a principal balance of $250,000. The amended conversion prices are set at $5.00 per share for the principal amount and $10.00 per share for the interest amount of the note. Concurrently, the note holder elected to convert the note into 50,882 shares of common stock. This conversion and amendment of the note were effective as of the reporting date, May 10, 2024. The full details of the note amendment are disclosed in Exhibit 10.1 of the Current Report.