Noxopharm Faces Convertible Note Issuance Delay

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2024.12.18 04:12
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Noxopharm Ltd. (AU:NOX) has announced a delay in issuing a $2.25 million convertible note to 4F Investments due to funding timing issues. The company, which focuses on cancer and inflammation treatments, needs to seek shareholder re-approval before proceeding. This situation underscores potential challenges in meeting regulatory requirements for listed companies.