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Codeifai Secures $250K Convertible Loan to Fuel Growth Initiatives

3:31am on Monday 2nd of June, 2025 AEST Technology
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Codeifai Secures $250K Convertible Loan to Fuel Growth Initiatives

3:31am on Monday 2nd of June, 2025 AEST
Key Points
  • Raised $250,000 via unsecured loans from s708 investors
  • Loans carry 15% annual interest with 12-month term
  • Convertible into shares at 25% discount post-8 May 2025 AGM
  • Loan conversion subject to shareholder approval and existing capacity
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