Revasum, Inc. announced that it has entered into a security purchase agreement for the issuance of promissory note for gross proceeds of $750,000 on November 14, 2022. The transaction will include participation from new investor Firsthand Funds - Firsthand Technology Opportunities Fund, a fund managed by returning investor Firsthand Capital Management, Inc. The promissory note is unsecured and subordinated to the company. The notes will bear interest rate of 8.75% per annum.
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5-day change | 1st Jan Change | ||
0.115 AUD | -11.54% | -.--% | -17.86% |
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1st Jan change | Capi. | |
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+75.79% | 4.24TCr | |
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+40.29% | 638.39Cr | |
-19.90% | 487.39Cr |
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- Revasum, Inc. announced that it expects to receive $0.75 million in funding