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Advanced Health Intelligence Secures $6.45M Convertible Note from UAE Investor
6:41pm on Sunday 1st of June, 2025 AEST
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Healthcare
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Advanced Health Intelligence Secures $6.45M Convertible Note from UAE Investor
6:41pm on Sunday 1st of June, 2025 AEST
Key Points
Secured USD$4 million (~AUD$6.45 million) convertible note from KOR Investments LLC
Facility aims to raise up to AUD$10 million to support MENA region growth and debt reduction
Convertible notes convertible to equity at a 50% discount, subject to shareholder approval
Previous convertible note facilities replaced; no prior drawdowns or costs incurred
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