Noxopharm Faces Convertible Note Issuance Delay
Noxopharm Ltd. (AU:NOX) has announced a delay in issuing a $2.25 million convertible note to 4F Investments due to funding timing issues. The company, which focuses on cancer and inflammation treatments, needs to seek shareholder re-approval before proceeding. This situation underscores potential challenges in meeting regulatory requirements for listed companies.
Noxopharm Ltd. (AU:NOX) has released an update.
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Noxopharm Ltd. faces a delay in issuing a $1.25 million convertible note to 4F Investments due to funding timing issues. The company, specializing in cancer and inflammation treatments, must seek shareholder re-approval before proceeding. This development highlights potential challenges in meeting regulatory requirements for listed companies.
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