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ARC Funds Snaps Up $2.15M ausbiz Convertible Notes at 80% Discount
9:56am on Wednesday 5th of November, 2025 AEDT
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Financial Services
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ARC Funds Snaps Up $2.15M ausbiz Convertible Notes at 80% Discount
9:56am on Wednesday 5th of November, 2025 AEDT
Key Points
Acquisition of $2.15 million ausbiz TV convertible notes at 20% face value
Consideration paid via 4.47 million new ARC shares at 10.5 cents each
Convertible notes carry 10% annual interest, maturing in October 2028
Option to convert notes into Ausbiz Group shares at independent valuation
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