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Rua Bioscience greenlights $600k convertible note to fuel UK sales push

8:34am on Monday 10th of August, 2026 AEST Biotechnology
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Rua Bioscience greenlights $600k convertible note to fuel UK sales push

8:34am on Monday 10th of August, 2026 AEST
Key Points
  • Convertible note facility capped at NZ$600,000
  • Unsecured notes convert to shares at minimum $0.025 each
  • Facility targets inventory funding for UK market growth
  • Conversion triggered by capital raise over NZ$1.5 million or 12-month maturity
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