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XPON Technologies Group Ltd. ( (AU:XPN) ) just unveiled an update.
XPON Technologies Group Ltd announced an extension and variation to its Convertible Note Deed, initially released in February 2024. The amendments, approved by Noteholders, include a six-month extension of the maturity date to 26 August 2025 and a change in the interest rate from 15% per annum up to the maturity date to 20% per annum thereafter. This move reflects XPON’s strategic financial adjustments, potentially impacting their capital structure and stakeholder returns.
More about XPON Technologies Group Ltd.
XPON Technologies Group Limited is a leading AI marketing technology company with operations in Australia, New Zealand, and the United Kingdom. The company focuses on simplifying complex marketing challenges and enhancing ROI for businesses by integrating data and AI to predict consumer behavior, automate marketing processes, and drive effective data-driven decisions.
YTD Price Performance: 20.0%
Average Trading Volume: 928,628
Technical Sentiment Consensus Rating: Buy
For detailed information about XPN stock, go to TipRanks’ Stock Analysis page.
