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Yowie Group ( (AU:YOW) ) has provided an update.
Yowie Group Ltd, listed on the ASX under the ticker YOW, has announced updated funding arrangements to address its short-term cash flow needs. The company has secured a funding facility of up to AUD $1 million from its parent entity, Keybridge Capital Limited, to support its working capital requirements until 30 September 2025. This move comes as Yowie Group conducts an internal review of fund usage by former directors and previous intra-group loan arrangements. The facility is structured with commercial terms, and interest rates are set to vary depending on the repayment timeline, with a higher rate applied if the facility extends beyond the intended repayment date.
More about Yowie Group
YTD Price Performance: -44.00%
Technical Sentiment Signal: Sell
Current Market Cap: A$3.21M
See more insights into YOW stock on TipRanks’ Stock Analysis page.