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Halo Technologies Holdings Ltd (ASX:HAL)

ALERT: Price-sensitive ASX Announcement for HAL
Current share price for HAL : $0.014 0.002 (16.67%)+
Announcement
Release
2 Jul 2026 9:48AM
Price at Release
$0.012
Full Release
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Summary
Halo Technologies Holdings Limited (ASX: HAL) has announced plans to issue Convertible Notes to support its growth strategy. The company aims to raise A$5 million, with the ability to accept oversubscriptions up to a total of A$6.75 million. The funds will be used to enhance working capital, platform development, and support new partnership-led growth strategies. The unquoted Convertible Notes will mature in 36 months and accrue an interest of 12.5% per annum, payable quarterly. HALO, positioned as a capital-light wealth technology business, focuses on scalable B2B growth opportunities across Australia, the Asia-Pacific, and selected international markets. The offer is targeted at sophisticated and professional investors with a minimum investment of A$20,000.
Key Points
  • Target raise of A$5 million with oversubscription up to A$6.75 million.
  • Funds to support working capital, platform enhancement, and strategic growth.
  • Notes mature in 36 months with 12.5% annual interest, paid quarterly.
  • Focus on scalable B2B growth in Australia, Asia-Pacific, and select markets.
  • Offer aimed at sophisticated and professional investors.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.