Anteris receives Obsidian redemption notice for convertible notes; owes ~$5.89M cash

Anteris Technologies Global Corp.

Obsidian required redemption of all convertible notes after IPO and reorganization close on Dec 16, 2024.
Company must pay $5,700,262.50 aggregate principal plus $191,010.00 in lieu of options by Dec 23, 2024.
Notes had a face value of $1.15 per note; 4,956,750 notes were issued on Nov 7, 2024.
Upon redemption, no notes outstanding under the facility; facility remains available for future drawdowns.
Payment uses cash on hand following the IPO of 14.8M shares.

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