The latest announcement is out from Linius Technologies ( (AU:LNU) ).
Linius Technologies Limited has announced the establishment of a $750,000 convertible note facility, with commitments for $300,000 from professional investors. This initiative aims to support the company’s growth by capitalizing on partnerships with industry leaders such as Prime Focus and Fujitsu, ultimately progressing towards cash flow breakeven and strengthening its market position.
More about Linius Technologies
Linius Technologies Limited is a company that offers a unique cloud-based solution through its Linius Media Solutions portfolio, which enhances the value of video archives by providing immersive and personalized viewer experiences. The company focuses on leveraging partnerships with industry leaders to drive growth and achieve financial sustainability.
Technical Sentiment Signal: Buy
Current Market Cap: $3.87M
See more insights into LNU stock on TipRanks’ Stock Analysis page.