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How CONNEQT Health Is Managing $2.6M Cash Burn with $2M Convertible Note
9:55am on Thursday 30th of October, 2025 AEDT
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Healthcare
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How CONNEQT Health Is Managing $2.6M Cash Burn with $2M Convertible Note
9:55am on Thursday 30th of October, 2025 AEDT
Key Points
Operating cash outflow of $2.624 million for the quarter
Received $2 million loan advance via convertible note from C2 Ventures
Cash balance at quarter end stands at $2.711 million
Operational restructuring cut costs by approximately 30%
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