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My Rewards International Limited ( (AU:KLV) ) just unveiled an announcement.
Klevo Rewards Limited has extended its existing funding facility with LDA Capital Group, maintaining access to up to $15 million under an amended put option agreement. The commitment period, originally due to expire on 23 February 2026, has been pushed out by one year to 26 February 2027, with all other material terms of the facility unchanged.
In consideration for the extension, Klevo will pay LDA a $50,000 fee and issue options equal to 6% of its current share base, exercisable at $0.0351 by 27 February 2027 under its existing placement capacity. The extension preserves a significant source of flexible capital for the company, supporting its ability to fund growth initiatives in the competitive rewards and loyalty technology market without renegotiating core financing terms.
More about My Rewards International Limited
Klevo Rewards Limited, formerly My Rewards International Limited, is an ASX-listed global provider of customised subscription-based reward and loyalty marketplaces for corporates and consumers. Its core offerings include white-labelled Mastercard-powered loyalty technology, rewards platforms, customer experience solutions and digital marketing services aimed at enhancing engagement and retention.
Average Trading Volume: 3,092,401
Technical Sentiment Signal: Sell
See more data about KLV stock on TipRanks’ Stock Analysis page.