Reebonz Holding Limited (NasdaqGM:RBZ) announced that it has entered into securities purchase agreement with Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B; a fund managed by Ayrton Capital LLC for private placement of a series of senior convertible notes for gross proceeds of $3,525,000 on September 4, 2019. The note will be issued with face value of $3,750,000 at an original issue discount of 6%. The note will mature on July 31, 2020. The notes will be convertible into common shares of the company at a fixed conversion price of $6.5 per share. The company will raise net proceeds of $3,3000,000 in the transaction. The company will pay fee of $225,000. The company issued securities pursuant to Regulation D.