• Company secures $2M in convertible note funding
• Funds to be used for product enhancements and operational efficiency
• Chairman and Managing Director to subscribe for $0.5M of notes

Complii FinTech Solutions Limited (CF1.ASX) has secured binding and irrevocable commitments for a $2 million convertible note raising. Executive Chairman, Craig Mason and Managing Director, Alison Sarich have agreed to subscribe for $0.5 million of the convertible notes, subject to shareholder approval. The convertible note raising comprises the issue of 80,000,000 unsecured convertible notes with a conversion price of $0.025 per note. A total of 60,000,000 convertible notes to unrelated parties are expected to be issued pursuant to Complii's placement capacity under ASX Listing Rule 7.1. The funds will be used as working capital and for one-off staff reduction related expenses, to complete enhancements of the capital raising system for Tier 1 clients, rebuild the new Complii CRM, convert all customers onto the new platform, and complete Complii AI initiatives. Additionally, the funds will be used to complete HR enhancement module for ThinkCaddie, in-source development to the group, complete development for MIntegrity on Thinkcaddie, and upgrade systems to facilitate industry partnership or Joint Venture growth. For MIntegrity, the funds will be used to grow the team, expand to Western Australia, complete combined projects with ThinkCaddie and Complii, and expand the service offering to Australian Credit licensees, insurers and superfunds. For Primary Markets, the funds will be used to push sales initiatives to expand the network of trading hubs and expand into digital assets.