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Advanced Health Intelligence Secures $6.45M Convertible Note from UAE Investor

6:41pm on Sunday 1st of June, 2025 AEST 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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