Lanebury Growth Capital Ltd. (TSE:LLL) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Lanebury Growth Capital Ltd. has announced the extension of a $5,584,203 promissory note’s maturity date from June 30, 2024, to December 31, 2024. The loan, which carries a 12% interest rate, is part of an amending agreement with Code Consulting Limited, owned by Lanebury’s director Lance Tracey. Lanebury, which focuses on investments in technology startups, has complied with necessary regulatory exemptions and received approval from its independent directors for this transaction.
For further insights into TSE:LLL stock, check out TipRanks’ Stock Analysis page.