Inspire Semiconductor Holdings Inc. announced that it has received additional loans of USD 1,162,381.82 (the "Loans") under the secured loan agreement (the "Loan Agreement") dated March 28, 2024 and previously announced by the Company in its press releases dated April 1, 2024 and April 30, 2024. The Loans were made by made by certain private investors and an insider (the "Lenders"). The maturity date of the Loans is the date that is 12 months following the date that such Loans were received and accepted by the Company (the "Maturity Date"), being June 14, 2025.