ECP Emerging Growth Ltd. (AU:ECP) has released an update.
ECP Emerging Growth Limited, in its latest quarterly report, confirmed full compliance with the terms of its Convertible Notes and the Corporations Act, with no circumstances arising that could impact the notes’ payability or enforceability. The company maintains the Conversion Price at $1.43 per share and reports a stable Loan-to-Value (LTV) Ratio of 21.93%, indicating a solid balance between debt and marketable securities. There were no significant changes in the business or the nature of its guarantees during the quarter.
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