• Redeemed convertible notes maturing on 26 August 2025 for $1.575 million
• Raised $0.375 million via placement of new shares at $0.008 per share
• Entered into a new $420k loan facility with Harvest Lane Asset Management

Xpon Technologies Group Limited (ASX: XPN), an AI marketing technology and digital marketing specialist, has announced a significant strengthening of its financial position. The company has redeemed the convertible notes maturing on 26 August 2025, with a payment of $1.575 million, plus any unpaid interest from its existing cash reserves. XPON has also successfully secured commitments from sophisticated investors to raise $0.375 million via a placement of new shares at $0.008 per share. In a further sign of confidence, XPON has entered into a new loan facility agreement with key investor, Harvest Lane Asset Management Pty Ltd (Harvest Lane). The funds from this new facility will be used to pay out a portion of the existing convertible notes, with the new loan to be repaid with principal and interest over a six-month period. This demonstrates a strong partnership with a key financial backer and allows XPON to manage cash flows more effectively. The remaining Convertible Notes will be redeemed.