Fusemachines raises $2.5 million via convertible note with $4.2 fixed conversion price
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FUSE• Convertible note and warrants financing
Fusemachines announced a strategic investment from Meteora Capital through a convertible note priced to convert at .
$2.5 million
$4.2 per share
The financing also includes 2,050,000 cash-exercise warrants at $4.2 per share, implying up to $8.61 million of additional proceeds.
Total potential funding could reach $10.66 million if the warrants are fully exercised.
The note and warrants carry fixed pricing with no resets or ratchets.
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Fusemachines raises $2.5 million via convertible note with $4.2 fixed conversion price - FUSE News | Rallies
