Adveritas Limited (AU:AV1) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Adveritas Limited has announced that the maturity date for its convertible notes has been extended by 12 months, now maturing on April 12, 2025. Investors will receive an interest rate of 8% per annum during this period, with the notes and accrued interest convertible into shares at a predetermined price. The total number of shares issued upon conversion will remain unchanged as previously approved by the company’s annual general meeting.
For further insights into AU:AV1 stock, check out TipRanks’ Stock Analysis page.