XS Financial Announces $2.5 Million Private Placement Led by Gravitas Securities, Canaccord Genuity With Insiders To Participate and Provides Corporate Update
XS Financial Announces $2.5 Million Private Placement Led by Gravitas Securities, Canaccord Genuity With Insiders To Participate and Provides Corporate Update $502,618 Corporate Highlights (Figures in USD) Revolving Credit Facility from Federal Deposit Insurance Corporation (FDIC) Insured Bank: Successfully closed a US$2 million senior secured revolving credit facility, with an FDIC insured bank, which has a term of two (2) years, expiring in November 2022. Loans made under the revolving facility will bear interest at an annual rate equal to the greater of i) eight percent (8.0%) per annum or...
Source: finanznachrichten.de