Revasum, Inc. announced that it has entered into a security purchase agreement for the issuance of promissory note for gross proceeds of $750,000 on November 14, 2022. The transaction will include participation from new investor Firsthand Funds - Firsthand Technology Opportunities Fund, a fund managed by returning investor Firsthand Capital Management, Inc. The promissory note is unsecured and subordinated to the company. The notes will bear interest rate of 8.75% per annum.
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5-day change | 1st Jan Change | ||
0.115 AUD | -11.54% | -.--% | -17.86% |
03-05 | Revasum Receives Multiple Buyout Offers; Renegotiating Debt Repayment | MT |
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+41.76% | 35.66B | |
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+164.18% | 11.57B | |
+40.95% | 6.07B |
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- Revasum, Inc. announced that it expects to receive $0.75 million in funding