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Carbonxt Raises $500K Convertible Notes, Expands US Stake to 47.4%

10:38am on Wednesday 25th of February, 2026 AEDT Clean Technology
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Carbonxt Raises $500K Convertible Notes, Expands US Stake to 47.4%

10:38am on Wednesday 25th of February, 2026 AEDT
Key Points
  • Issued 500,000 convertible notes at $1 face value, convertible at $0.10
  • Convertible notes expire in three years with free-attaching options
  • Proceeds allocated to working capital and $250,000 investment in New Carbon Processing
  • Ownership in New Carbon Processing increased to 47.4%
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