CCH Holdings completes US$2.5 million convertible promissory note offering subsequent closing
CCHH•CCH Holdings completed a subsequent closing of a US$2.5 million convertible promissory note issuance with warrants. The investor funded US$1.035 million at the second closing, and aggregate gross proceeds totaled US$2.19 million.
1. Second closing
The investor funded US$1.035 million at the second closing, net of a US$115,000 additional discount tied to that tranche. The closing followed SEC effectiveness of a Form F-1 registering resale of shares issuable upon conversion of the notes and exercise of the warrants.
