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Sixth Wave Completes Convertible Debenture Financing and Repays Prior-Existing Debt
Sixth Wave Innovations Inc. is pleased to report that it has refinanced certain debt instruments through the closing of a non-brokered private placement of unsecured convertible debentures and partial repayment of other debt.Pursuant to the closing, the Company sold and issued 1,523 Convertible Debentures at a price and principal amount of $1,000 per Convertible Debentures for gross proceeds totaling $1,523,000. …
Sixth Wave Innovations Inc. (CSE: SIXW) (OTCQB: ATURF) (FSE: AHUH) (“Sixth Wave” or the “Company”) is pleased to report that it has refinanced certain debt instruments through the closing of a non-brokered private placement of unsecured convertible debentures (“Convertible Debentures”), and partial repayment of other debt.
Sixth Wave Innovations Inc.: Sixth Wave Completes Convertible Debenture Financing and Repays Prior-Existing Debt
Sixth Wave Innovations Inc. (CSE: SIXW) (OTCQB: ATURF) (FSE: AHUH) ( Sixth Wave or the Company ) is pleased to report that it has refinanced certain debt instruments through the closing of a non-brokered private placement of unsecured convertible debentures (
Convertible Debentures ), and partial repayment of other debt.
Pursuant to the closing, the Company sold and issued 1,523 Convertible Debentures at a price and principal amount of $1,000 per Convertible Debentures for gross proceeds totaling $1,523,000. Interest on the Convertible Debentures can be paid in either cash or common shares of the Company (