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FirstWave Secures $2.5M Loan to Fuel AI Compliance Growth
1:31pm on Wednesday 31st of December, 2025 AEDT
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Technology
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FirstWave Secures $2.5M Loan to Fuel AI Compliance Growth
1:31pm on Wednesday 31st of December, 2025 AEDT
Key Points
Secured $2.5 million loan facility from Partners for Growth VII, L.P.
Facility includes 6-month interest-only period and fixed 12.5% interest rate
Settlement of $2.4 million debt with Fenja Capital Partners via cash and shares
Call and put options tied to equity subscription subject to shareholder approval
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Firstwave Cloud Technology (ASX:FCT)
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