Glucotrack Closes $11.6M Senior Secured Convertible Notes; Generates $4.5M Cash in Private Placement
Glucotrack completed a private placement, issuing $11.6 million in senior secured convertible notes to raise $4.5 million in cash and refinance $4.55 million of existing notes. The notes carry 8% interest, mature in nine months, and feature a floating conversion price with a floor, subject to Nasda…
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