debt
confidence high
sentiment neutral
materiality 0.20
Propanc Biopharma closes $40K convertible note with investor
Propanc Biopharma, Inc.
- Closed sale of $40K convertible promissory note to an investor on Oct 29, 2023.
- Note is convertible into common shares at investor's option after 180 days from issuance.
- Funds were received and transaction closed on Oct 29; initially disclosed on Oct 26, 2023.
- Proceeds likely for general working capital; no other material terms changed from prior disclosure.