Halo Technologies Holdings Ltd (AU:HAL) has released an update.
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Halo Technologies Holdings Limited is set to raise AUD 6.75 million through the issuance of Convertible Notes with a 12% annual interest rate to bolster its global growth and innovation in services. This move follows a year of substantial progress, with an 88.6% increase in Funds Under Management and a 44.3% growth in operating revenue. The company’s strategic expansions include the establishment of HALO Invest in the UK, enhancing its capacity for further client and asset growth.
For further insights into AU:HAL stock, check out TipRanks’ Stock Analysis page.