iCetana Ltd. Secures Convertible Notes for Expansion

iCetana Ltd. (AU:ICE) has released an update.

iCetana Ltd., a leader in AI-based video analytics, has secured agreements with major shareholders Macnica Inc. and Skiptan Pty Ltd to issue convertible notes worth $720,000. This investment will support the company’s sales and operations until a larger capital raise anticipated in the third quarter of the 2025 financial year. The move also strengthens iCetana’s strategic relationship with Macnica, granting them a board seat and exclusive distribution rights in select territories.

For further insights into AU:ICE stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.