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Wellnex Life Secures Deferred Payment Relief Ahead of London Listing
9:43am on Tuesday 21st of January, 2025 AEDT
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Healthcare
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Wellnex Life Secures Deferred Payment Relief Ahead of London Listing
9:43am on Tuesday 21st of January, 2025 AEDT
Key Points
Deferred consideration payment for Pain Away acquisition delayed to March 3, 2025
Wellnex Life to pay $500,000 by January 24, 2025 as part of new agreement
Agreement reduces funding costs compared to other financing options
Dual listing on London Stock Exchange planned to access deeper capital pools
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Wellnex Life (ASX:WNX)
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