Zoomcar Holdings Secures $220,000 Convertible Note Financing from FirstFire Global Opportunities Fund
I'm PortAI, I can summarize articles.
Zoomcar Holdings Inc. has secured a $220,000 convertible note financing from FirstFire Global Opportunities Fund. The agreement includes a convertible promissory note with a 12% annual interest rate, maturing in 12 months, and pre-funded warrants for 1,000,000 shares. The net proceeds amount to $200,000 after a $20,000 discount. FirstFire gains piggyback registration rights and benefits from favorable terms in future financings. The original content was published via EDGAR by Zoomcar Holdings.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments