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AssetOwl Secures $281K Convertible Note from Related Party Amid Funding Push

11:21am on Monday 29th of September, 2025 AEST • Technology
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AssetOwl Secures $281K Convertible Note from Related Party Amid Funding Push

11:21am on Monday 29th of September, 2025 AEST
Key Points
  • Convertible note funding of $281,654 secured from related party Solid Energy Technologies
  • Zero-coupon notes with 18-month term, convertible subject to shareholder approval
  • Conversion price based on 20-day VWAP prior to maturity, potential for significant share issuance
  • Notes are unsecured and redeemable in cash before maturity without penalty
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