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The Calmer Co. Completes $1.4 Million Convertible Note Raise to Drive Growth

Story Highlights
  • The Calmer Co. focuses on kava-based and natural products that promote relaxation and alcohol-free alternatives, delivered globally via retail and e-commerce.
  • The company raised $1.4 million to support inventory build and growth strategies, with strong investor confidence boosting its market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
The Calmer Co. Completes $1.4 Million Convertible Note Raise to Drive Growth

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Fiji Kava Limited ( (AU:CCO) ) has issued an update.

The Calmer Co. International Limited has successfully closed the second tranche of its $1.4 million secured Convertible Note raise, with $700,000 secured in Tranche 2. The funds will be used to support inventory growth for its wholesale division and general working capital, reinforcing the company’s ability to meet increased demand and execute its growth strategies. Strong investor participation, including support from top shareholders, highlights confidence in the company’s strategic direction and its goal of sustaining strong revenue growth domestically and internationally.

The most recent analyst rating on (AU:CCO) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Fiji Kava Limited stock, see the AU:CCO Stock Forecast page.

More about Fiji Kava Limited

The Calmer Co. International Limited (ASX: CCO) operates in the consumer packaged goods industry, focusing on kava and natural products that promote relaxation, sleep support, and healthier alternatives to alcohol. The company delivers these products globally through e-commerce and retail partnerships, leveraging a reliable farm-to-shelf supply chain.

Technical Sentiment Signal: Sell

Current Market Cap: A$12.23M

Find detailed analytics on CCO stock on TipRanks’ Stock Analysis page.

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