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Scalare Partners Secures $5 Million Convertible Note with Upside to $25 Million

9:35am on Thursday 2nd of July, 2026 AEST Technology
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Scalare Partners Secures $5 Million Convertible Note with Upside to $25 Million

9:35am on Thursday 2nd of July, 2026 AEST
Key Points
  • Initial $5 million convertible note facility from Blackstone Mercantile
  • Potential to raise up to $25 million subject to approvals
  • 60:1 share consolidation and bonus option issue to limit dilution
  • Fixed conversion price with 19.99% ownership cap for investor
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