Holista Colltech Receives Full Funds from Converting Notes; Shares Fall 7%

MT Newswires Live

03/12

Holista Colltech (ASX:HCT) said it received the full funds from the converting notes totaling around AU$1.5 million, with settlement completed on Tuesday, according to a Wednesday Australian bourse filing.

It also made the final payment of AU$900,000 to the Australian Securities and Investments Commission on Tuesday, fulfilling all outstanding obligations under a May 17, 2024, Federal Court order.

Its shares fell 7% in recent trading on Wednesday.

Price (AUD): $0.03, Change: $-0.0020, Percent Change: -7.41%

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