Early Redemption of Convertible Notes
Filed with ASX · · 1 page · English
Summary by 6ix AI
Cann Group Ltd. has announced the early redemption of all convertible notes issued under a facility with Obsidian Global GP, LLC. The notes will be redeemed at their face value, with a waiver of the additional premium typically applied for early redemption. After set-off of amounts owed to Cann Group, the net payment to Obsidian will be specified in the announcement. This action will result in the cancellation of all convertible notes and the termination of the facility.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Cann
- Cann announces leadership transition
- Cann Raises $750k via Convertible Note
- Appendix 4D and Half Year Report
- Quarterly Activities/Appendix 4C Cash Flow Report
- Prospectus
Later from Cann
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