Axiom Capital Advisors, Inc. (TSE:PACT) has released an update.
Impact Analytics Inc., a software development firm focusing on AI and cloud services, has successfully secured a CAD$5.35 million convertible note financing from an institutional investor. The financing, which is structured in multiple tranches and includes a commitment fee, will support general corporate activities and the costs for a potential U.S. listing. The convertible notes are unsecured, interest-free, and come with a one-year maturity and additional warrants for the investor.
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