Audio Pixels Holdings Secures Extension on Over AU$12 Million in Convertible Notes

MT Newswires Live

10/20

Audio Pixels Holdings (ASX:AKP) secured agreement from noteholders representing AU$12.3 million of its AU$12.5 million in convertible notes to extend the maturity date to Jan. 31, 2027, according to a Monday filing with the Australian bourse.

Additionally, noteholders with AU$4.1 million in notes have chosen to capitalize their accrued interest instead of receiving quarterly cash payments, enhancing the company's cash flow, per the filing.

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