Harvest Technology Group Ltd. ( (AU:HTG) ) has provided an update.
Harvest Technology Group Limited has secured $100,000 through unsecured convertible notes from a sophisticated investor at Alto Capital. These notes, maturing on November 27, 2026, offer a 15% annual interest rate and provide the option for redemption or conversion at the noteholder’s discretion. This funding move is expected to enhance Harvest’s financial flexibility and support its strategic initiatives in the remote operations industry.
More about Harvest Technology Group Ltd.
Harvest Technology Group Limited is a global leader in network optimized remote operations, providing real-time remote control, communication, automation, and monitoring capabilities. Based in Perth, Australia, the company offers ultra-low bandwidth Network Optimised Livestreaming solutions, enabling connectivity to operations and personnel worldwide while using minimal bandwidth resources.
YTD Price Performance: -25.00%
Average Trading Volume: 858,251
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$13.31M
For a thorough assessment of HTG stock, go to TipRanks’ Stock Analysis page.