The Calmer Co. closes 2nd tranche of $700k Convertible Note
| Stock | The Calmer Co International Ltd (CCO.ASX) |
|---|---|
| Release Time | 18 Dec 2025, 8:44 a.m. |
| Price Sensitive | Yes |
The Calmer Co. closes $700k convertible note raise
- Completed $1.4 million convertible note raise
- Funds to support inventory build and working capital
- Strong investor participation from top 10 shareholders
The Calmer Co. International Limited (ASX: CCO), a leading consumer packaged goods company specialising in kava and other natural products, has closed the second tranche of its previously announced secured Convertible Note raise. Commitments totaling $700,000 have been received for Tranche 2, completing the planned two-tranche $1.4 million issuance. Settlement and allotment of Tranche 2 will occur on Monday, 22 December 2025. Funds raised across both tranches will support inventory build for the Company's expanding wholesale business, as well as general working capital requirements. This positions The Calmer Co. to maintain its strong revenue growth and execute against its strategic priorities in both domestic and international markets. The strong support from investors in closing Tranche 2 underscores confidence in the company's strategy and execution. The convertible notes have been subscribed by many of the Company's top 10 shareholders, reflecting alignment with the Company's direction.