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Way2VAT Secures A$1.3 Million Convertible Note Raise to Bolster Working Capital
9:43am on Thursday 30th of January, 2025 AEDT
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Fintech
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Way2VAT Secures A$1.3 Million Convertible Note Raise to Bolster Working Capital
9:43am on Thursday 30th of January, 2025 AEDT
Key Points
A$1.3 million raised via convertible notes from sophisticated investors and key shareholders
Top 10 shareholders including Thorney Investment Group participate in the raise
Conversion of notes subject to shareholder approval under ASX Listing Rule 7.1
Funds primarily allocated to working capital and servicing existing debt facilities
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Way 2 VAT (ASX:W2V)
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