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How Eden Innovations Cut Debt by 70% with a $7.6M Property Sale
11:02am on Thursday 6th of November, 2025 AEDT
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Industrial Materials
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How Eden Innovations Cut Debt by 70% with a $7.6M Property Sale
11:02am on Thursday 6th of November, 2025 AEDT
Key Points
Georgia property sold for US$5 million, purchased in 2018 for US$1.2 million
US$4 million of iBorrow loan repaid, reducing that debt by 69%
Total company debt cut by approximately 70% to AUD$5.2 million
Share-for-debt conversions repaid AUD$5.5 million to major shareholders
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