Proposed issue of securities - CG1
Summary
CARBONXT GROUP LIMITED has announced a proposed issue of securities, including 7,500,000 options and 500,000 convertible notes. These will be issued on 31/8/2026, subject to shareholder approval. The options have an exercise price of $0.10, expiring on 30-AUG-2029, while each convertible note has a face value of $1. Holders of convertible notes will also receive free-attaching options exercisable at $0.10 with a three-year term. The proceeds will be utilized for working capital. If you have any questions regarding this announcement or would like more information, feel free to ask.
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