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Icetana AI Raises $629K in Entitlement Offer as Convertible Notes Loom

7:25am on Monday 2nd of June, 2025 AEST Technology
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Icetana AI Raises $629K in Entitlement Offer as Convertible Notes Loom

7:25am on Monday 2nd of June, 2025 AEST
Key Points
  • Entitlement offer raised $629,422 via 31.47 million new shares
  • Offer was fully underwritten by Lance East Holdings Pty Ltd
  • Only 23.8% of offered shares subscribed by eligible shareholders
  • Convertible notes worth 41.2 million shares set to convert soon
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