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BCAL Diagnostics Details Convertible Note Drawdowns and Shareholder Approval Timeline

6:14pm on Friday 21st of August, 2026 AEST • Healthcare
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BCAL Diagnostics Details Convertible Note Drawdowns and Shareholder Approval Timeline

6:14pm on Friday 21st of August, 2026 AEST
Key Points
  • Convertible note facility of $10 million approved in November 2025
  • Issued $3.1 million in notes within initial three months ending February 2026
  • Additional $4.5 million drawn since then with planned drawdowns subject to approval
  • Notes carry 10% annual interest, convertible into shares at a discounted price
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