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Morella Corporation Issues Unquoted Convertible Notes

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Morella Corporation Issues Unquoted Convertible Notes

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Morella Corporation ( (AU:1MC) ) has provided an announcement.

Morella Corporation Limited has announced the issuance of 700,000 unquoted convertible notes maturing 36 months after the issue date. This move is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.

More about Morella Corporation

Average Trading Volume: 723,832

Technical Sentiment Signal: Sell

Current Market Cap: A$13.26M

See more insights into 1MC stock on TipRanks’ Stock Analysis page.

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