Nexion Group Issues 900,000 Convertible Notes to Fund Costs Incurred in Identifying Transaction

MT Newswires Live

2025/09/12

Nexion Group (ASX:NNG) issued 900,000 unsecured convertible notes of AU$0.10 each to Wong Chi Wai Roy to raise AU$90,000 on Friday, seeking to fund costs incurred in "identifying and furthering an appropriate transaction," according to a same-day Australian bourse filing.

The notes mature on May 31, 2026, with an interest rate of 10% per year.

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