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.
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