ARHT Media (TSE:ART) has released an update.
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ARHT Media Inc. has addressed its interest obligations by issuing over 2.9 million shares, valued at $0.06 each, to fulfill $175,787.35 in interest payments to debenture holders. These debentures, with a 15% annual interest rate, are due semi-annually and will mature in August 2025. This debt settlement is a strategic financial move for the leader in hologram technology.
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