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NOVONIX Cuts Yorkville Debt After US$7 Million Payment
9:51am on Thursday 22nd of October, 2026 AEDT
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NOVONIX Cuts Yorkville Debt After US$7 Million Payment
9:51am on Thursday 22nd of October, 2026 AEDT
Key Points
US$7 million second amortisation payment made from existing cash reserves
Convertible debentures with equivalent face value redeemed
Funding agreement balance reduced to US$21 million
Further rolling 30-day payments may be required below the A$0.12 floor price
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