Harvest Technology Group Receives Commitments for AU$100,000 Raising via Convertible Notes

MT Newswires Live

2025/03/11

Harvest Technology Group (ASX:HTG) received confirmation of binding commitments for a capital raising of AU$100,000 via unsecured convertible notes from a sophisticated investor of Alto Capital, according to a Tuesday Australian bourse filing.

The notes are subordinated to the secured convertible notes currently on issue with a maturity date of Nov. 27, 2026, and an interest rate of 9% per annum, paid in quarterly cash installments and 6% per annum capitalized with payment at maturity, the filing said.

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