Extension of Maturity Date for Convertible Notes
| Stock | DOTZ Nano Ltd (DTZ.ASX) |
|---|---|
| Release Time | 2 Jun 2026, 9:58 a.m. |
| Price Sensitive | Yes |
Dotz Nano Extends Maturity Dates of Convertible Securities
- Maturity dates for Second, Third, and Subsequent Tranches extended to 31 March 2027
- First Tranche Convertible Notes repayment facilitated
- Conversion limitations introduced until 30 September 2026
- Option granted to settle future conversion notices in cash
Dotz Nano Limited, a developer of climate and industrial nanotechnologies, announced the extension of maturity dates for its convertible securities. The extension pertains to the Second, Third, and Subsequent Tranches, now set to mature on 31 March 2027. The variation also facilitates the repayment of the First Tranche Convertible Notes and introduces conversion limitations until 30 September 2026, unless a VWAP of greater than $0.07 for 5 consecutive Trading Days is achieved. Additionally, the Company has been granted the option to settle future conversion notices in cash. The other terms and conditions of the convertible notes remain unchanged.
Dotz Nano Ltd. expresses optimism about continued support from Mercer Street Capital Partners, reinforcing confidence in the company's strategy and growth trajectory.