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Why Did ChemX Materials Enter Voluntary Administration After Convertible Note Changes?

3:41pm on Friday 19th of September, 2025 AEST Materials
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Why Did ChemX Materials Enter Voluntary Administration After Convertible Note Changes?

3:41pm on Friday 19th of September, 2025 AEST
Key Points
  • Convertible note terms amended with Mercer Street Global Opportunity Fund
  • Trading halt and ASX suspension due to funding and management restructure
  • Voluntary administration appointed on 2 January 2025
  • High Purity Analytical Services agreement signed with Vytas Ltd
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