Karbon-X Corp. cash rose to USD 6.5 million in Q2, up over 9 times
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Karbon-X Corp. reported a significant increase in cash, rising to USD 6.5 million in Q2, up over nine times compared to previous periods. The company's total current assets reached USD 17.5 million. Financing during this period included equity sales and note issuances, with USD 2.3 million in loan principal and interest converted into shares. Adriana Ebell was appointed as Acting Chief Financial Officer. No further details on sales or net income were provided.
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