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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 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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