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An update from Chariot Corporation Limited ( (AU:CC9) ) is now available.
Chariot Corporation Limited has announced the issuance of convertible notes worth up to A$2,000,000 through an agreement with Obsidian Global GP LLC. This financial move includes an initial drawdown of A$600,000 and the potential for additional drawdowns, alongside the issuance of 20,000,000 shares to Obsidian as part of the agreement. This strategy aims to enhance Chariot’s financial flexibility and market positioning, potentially impacting shareholder value and investment attractiveness.
More about Chariot Corporation Limited
Chariot Corporation Limited operates in the financial sector, focusing on investment and capital raising activities. The company engages in issuing convertible notes and shares as part of its financing strategies, targeting retail investors and institutional partners.
YTD Price Performance: -37.14%
Average Trading Volume: 84,151
Technical Sentiment Signal: Strong Buy
See more data about CC9 stock on TipRanks’ Stock Analysis page.