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Wingara AG Secures $250K Loan with Convertible Note Option from NAOS
10:31am on Tuesday 23rd of December, 2025 AEDT
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Agriculture
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Wingara AG Secures $250K Loan with Convertible Note Option from NAOS
10:31am on Tuesday 23rd of December, 2025 AEDT
Key Points
Unsecured $250,000 loan facility at 12% interest per annum
Repayment due by December 31, 2026, or earlier upon $1 million capital raise
Option to convert loan into convertible notes subject to shareholder approval
Convertible notes carry a 12% coupon and 25% discount conversion price
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Wingara Ag (ASX:WNR)
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