SafeSpace Global secures up to $11 million in financing capacity
SSGC•SafeSpace Global entered financing agreements providing up to about $11 million in potential capital, including up to $10 million through an equity facility and up to $1 million in senior secured notes, subject to terms and conditions.
1. Financing agreements
The package includes an equity purchase agreement providing up to $10 million in financing capacity over as long as 36 months. It also includes a $500,000 senior secured promissory note, with an additional $500,000 available upon meeting specified obligations.
