Reported Friday, OwlTing Group Raises $10M Via Zero-Interest Convertible Security At $9.00 Fixed Conversion Price With Up To $40M In Additional Follow-On Investments Available

Benzinga Newsdesk www.benzinga.com Positive 76.2%

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Initial US$10 million funding at closing; facility provides for up to US$40 million in follow-on investments on similar terms, subject to mutual consent
Zero-interest convertible security with a fixed conversion price of US$9.00 per share, representing a premium to recent trading levels
Proceeds to support global expansion of OwlPay payment infrastructure, regulatory licensing, and strategic growth initiatives

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