Brief: Revasum Enters Into New Note Purchase Agreement With Firsthand Technology Opportunities Fund

Revasum

13/04/2023 02:20

April 13 (Reuters) - Revasum Inc  RVS.AX :
    * ENTERED INTO A NEW NOTE PURCHASE AGREEMENT WITH FIRSTHAND
TECHNOLOGY OPPORTUNITIES FUND
    * SECURED ADDITIONAL FINANCING FOR CO OF UP TO US$1.5
MILLION FROM
FIRSTHAND TECHNOLOGIES
    * IN CONJUNCTION WITH AGREEMENT RE-NEGOTIATED TERMS OF LOAN
AND
SECURITY AGREEMENT WITH SQN VENTURE INCOME FUND II, LP (SQN)
    * PROMISSORY NOTES CURRENTLY UNSECURED BUT WILL BECOME
SECURED
UPON SATISFACTION OF CERTAIN CONDITIONS

Source text for Eikon:  ID:nASX2kR2LN 
Further company coverage:  RVS.AX 

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