Further Drawdown of RiverFort Funding Facility

Open PDF
Stock Harvest Technology Group Ltd (HTG.ASX)
Release Time 19 Dec 2025, 1:16 p.m.
Price Sensitive Yes
 Harvest Technology Group Draws Down Further RiverFort Funding
Key Points
  • Drawdown of additional $1 million in convertible securities and attaching options
  • Funding to accelerate execution of contracted and pipeline opportunities
  • Strengthening balance sheet to enable near-term growth initiatives
Full Summary

Harvest Technology Group Limited (ASX: HTG) has drawn down an additional $1 million in convertible securities and attaching options under its existing $6 million funding facility with RiverFort Global Opportunities PCC Ltd ('RiverFort'). This drawdown will be issued without shareholder approval, utilising the company's placement capacity. The proceeds from the drawdown will be used to accelerate execution across contracted and pipeline opportunities, support working capital as revenues scale, and strengthen the company's balance sheet to enable near-term growth initiatives. The key terms of this $1 million drawdown are consistent with those previously disclosed in the ASX announcement dated 26 September 2025. Following this drawdown, the company has $3.5 million remaining available under the RiverFort funding facility, subject to the terms and conditions of the agreement. HTG CEO Ilario Faenza stated that the company is pleased to draw down the additional funds, which further enhances the company's liquidity and provides the flexibility to accelerate key strategic initiatives while maintaining operational momentum.