Abundia Global Impact Group Acquires RPD Technologies Americas for $4.04M Via Secured Convertible Note
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Abundia Global Impact Group has acquired RPD Technologies Americas for $4.04 million, financed through a senior secured convertible note with a 10% annual interest rate. The note matures in one year and is convertible at 80% of a three-day average VWAP, with a $0.29 floor. A Security Agreement secures the note against the acquired membership interests, enhancing creditor protections. This acquisition aims to expand Abundia's operations and capabilities.
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