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Way2VAT Secures A$1.3 Million Convertible Note Raise to Fuel Growth

7:03pm on Monday 2nd of June, 2025 AEST Fintech
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Way2VAT Secures A$1.3 Million Convertible Note Raise to Fuel Growth

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • A$1.3 million raised via convertible notes from sophisticated investors and key shareholders
  • Conversion into shares contingent on shareholder approval
  • Funds primarily allocated to working capital and servicing financing facilities
  • Convertible notes carry 10% annual coupon and mature in 24 months
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