Aspira Women's Health Announces Closing of $1.37 Million Private Placement of Convertible Notes
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Aspira Women's Health Inc. has completed a $1.37 million private placement of Senior Secured Convertible Promissory Notes due in 2030. The notes will accrue interest quarterly at a rate of 3.34%.
March 11, 2025 | 12:15 pm
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Aspira Women's Health Inc. has successfully raised $1.37 million through a private placement of convertible notes, enhancing its financial position. The notes are due in 2030 with a 3.34% interest rate.
The successful closing of the private placement provides Aspira with additional capital, which can be used for further development and operations. The secured nature of the notes and the long-term maturity date suggest a stable financial outlook, likely to positively impact the stock price in the short term.
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