Stemcell United Ltd. (AU:BP8) has released an update.
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BPH Global Limited has secured $130,000 in debt funding from its directors and an external party to support its operations until a planned $1,000,000 capital raise is completed. The unsecured loan comes with a 12% annual interest rate and is set for repayment by February 2025. This strategic financial move aims to bolster the company’s working capital in the short term.
For further insights into AU:BP8 stock, check out TipRanks’ Stock Analysis page.
