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Top Shelf International to Raise $10 Million via Convertible Notes

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Top Shelf International to Raise $10 Million via Convertible Notes

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Top Shelf International Holdings Ltd. ( (AU:TSI) ) just unveiled an update.

Top Shelf International Holdings Ltd has announced an Extraordinary General Meeting (EGM) to be held virtually on August 11, 2025. The primary agenda is to seek shareholder approval for the issuance of convertible notes to raise up to $10 million. This funding will support operational expenses, working capital, and the completion of a business restructure. The meeting will also address the issuance of convertible notes to Longreach Credit Investors and to the company’s director, Julian Davidson. This move is expected to strengthen the company’s financial position and facilitate its strategic restructuring efforts.

More about Top Shelf International Holdings Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: A$13M

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

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