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NEXION Raises $90K via Convertible Notes Amid Strategic Uncertainty
1:01pm on Friday 12th of September, 2025 AEST
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NEXION Raises $90K via Convertible Notes Amid Strategic Uncertainty
1:01pm on Friday 12th of September, 2025 AEST
Key Points
Issued 900,000 unsecured convertible notes at $0.10 each
Total convertible notes on issue now 17.5 million
Notes mature 31 May 2026 with 10% annual interest
Conversion to shares and options contingent on shareholder approval and transaction status
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Nexion Group (ASX:NNG)
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