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Osteopore Launches $20M Convertible Notes to Fuel Growth Ambitions
8:40am on Monday 2nd of June, 2025 AEST
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Healthcare
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Osteopore Launches $20M Convertible Notes to Fuel Growth Ambitions
8:40am on Monday 2nd of June, 2025 AEST
Key Points
Offering of 400 convertible notes at $50,000 each, totaling $20 million
Convertible notes issued to Advance Opportunities Fund, a Cayman Islands-based investor
Funds intended for business operations, development projects, and loan reduction
Convertible notes carry 4% annual interest and mature in 36 months with conversion options
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OSTEOPORE (ASX:OSX)
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