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Why Is Noxopharm Extending Convertible Notes and Securing New Loans?

8:39am on Tuesday 23rd of September, 2025 AEST Biotechnology
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Why Is Noxopharm Extending Convertible Notes and Securing New Loans?

8:39am on Tuesday 23rd of September, 2025 AEST
Key Points
  • Convertible note maturity extended to January 2027
  • Accrued interest of $327,000 to be paid in cash by January 2026
  • Additional 520,000 unlisted options granted to noteholders
  • Unsecured $1.25 million loan from Chairman’s investment entity
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