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Why Did NEXION Group Raise $80K via Convertible Notes Now?
1:02pm on Tuesday 12th of August, 2025 AEST
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Why Did NEXION Group Raise $80K via Convertible Notes Now?
1:02pm on Tuesday 12th of August, 2025 AEST
Key Points
Issued 800,000 unsecured convertible notes at $0.10 each
Total convertible notes on issue now 16.6 million
Notes mature May 31, 2026, with 10% annual interest
Conversion to shares and options subject to shareholder approval and ASX consent
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Nexion Group (ASX:NNG)
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