Lytus Technologies Holdings Private Limited ( (LYT) ) just unveiled an update.
On March 12, 2025, Lytus Technologies Holdings PTV. Ltd. received the second tranche of a $1,000,000 Pre-Paid Advance from YA II PN, LTD. as part of a Standby Equity Purchase Agreement. This financial arrangement, evidenced by convertible promissory notes, allows the company to reduce its Floor Price to $0.05, which is irrevocable. This move is likely to impact the company’s financial flexibility and market positioning, potentially affecting stakeholders and investors.
More about Lytus Technologies Holdings Private Limited
Lytus Technologies Holdings Private Limited is a company based in Mumbai, India, operating in the technology sector. The company is involved in providing digital services and solutions, with a focus on leveraging technology to enhance service delivery and customer experience.
YTD Price Performance: -87.03%
Average Trading Volume: 9,655,235
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.56M
See more data about LYT stock on TipRanks’ Stock Analysis page.