Netlinkz Limited (ASX: NET) has announced it has drawn down a further $1 million from its convertible note facility. Netlinkz provides secure and efficient network solutions, connecting businesses globally. The company’s technology enables organisations to optimise network performance and security.
The convertible note facility, initially announced on 6 October 2023 with a total value of $10 million, has now been drawn to approximately $3.5 million. This latest draw down will provide Netlinkz with additional capital to support its ongoing operations and strategic initiatives.
The funds are expected to be used to further the company’s growth plans and technological advancements. Securing this funding demonstrates confidence in Netlinkz’s business model and its ability to execute its strategic objectives within the competitive technology landscape.
