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AssetOwl Advances Debt Reduction with $163K Debt-to-Equity Swap

7:01am on Wednesday 3rd of September, 2025 AEST Technology
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AssetOwl Advances Debt Reduction with $163K Debt-to-Equity Swap

7:01am on Wednesday 3rd of September, 2025 AEST
Key Points
  • Proposed conversion of $163,411 debt to 100 million shares at A$0.001 each
  • Share issuance subject to shareholder approval by 15 December 2025
  • Debt reduction follows removal of over $1.2 million in liabilities during FY2025
  • Transaction aims to strengthen balance sheet and reduce interest burden
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