ARHT Media (TSE:ART) has released an update.
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ARHT Media, recognized as a global leader in hologram technology, has completed its final private placement of secured subordinated debentures, raising an aggregate of $1 million. These debentures, maturing on August 3, 2025, offer a 15% annual interest rate, with the company having the option to repay before maturity. The raised capital is earmarked for general working capital to support ARHT’s growth.
For further insights into TSE:ART stock, check out TipRanks’ Stock Analysis page.
