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Visionflex Converts $0.5M Debt to Equity, Secures $1M Facility, Extends Funding Runway
9:54am on Friday 23rd of January, 2026 AEDT
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Technology
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Visionflex Converts $0.5M Debt to Equity, Secures $1M Facility, Extends Funding Runway
9:54am on Friday 23rd of January, 2026 AEDT
Key Points
Net cash used in operating activities of $290,000 for the quarter
Converted $0.5 million of convertible note debt to equity after shareholder approval
Terminated $2.5 million facility with John Plummer following debt conversion
Maintains $1 million available under an unsecured convertible note facility with Adcock Private Equity
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