Nexus Advanced Technologies Inks Note Repayment And Warrant Exchange Agreement With Anson Investments Master Fund, Anson East Master Fund, Effective Oct. 2; Full Payment Of $2.5M Will Make Remaining Note Convertible Solely At A Fixed Price
Nexus Advanced Technologies Inc. (NASDAQ:NXAT), formerly K Wave Media Ltd. (the "Company"), today announced that it has entered into an ATM Consent, Note Repayment and Warrant Exchange Agreement (the Note and
Nexus paid back $2.5 million to an investor and reworked their debt agreement. When a company pays back debt early, it shows they have enough cash on hand.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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