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