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Onconetix Provides Strategic Bridge Financing to Realbotix LLC in Support of Pending Acquisition
Source: GlobeNewswire
M&A & RestructuringCompany FundamentalsBanking & Liquidity
Realbotix LLC received an initial $2.5 million non-interest-bearing advance to fund growth initiatives and working capital. The facility will automatically be cancelled and discharged in full if the pending acquisition closes, providing interim liquidity without ongoing interest expense.
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