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Why Did NEXION Group Raise $80K Through Convertible Notes Now?
12:41pm on Wednesday 18th of June, 2025 AEST
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Why Did NEXION Group Raise $80K Through Convertible Notes Now?
12:41pm on Wednesday 18th of June, 2025 AEST
Key Points
Issued 800,000 unsecured convertible notes at $0.10 each
Raised $80,000 to support costs of proposed acquisition
Convertible notes mature on 31 May 2026 with 10% annual interest
Conversion into shares and options subject to shareholder approval and ASX consent
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Nexion Group (ASX:NNG)
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