Harvest Technology Focuses on Growth After Successful Fundraising

Harvest Technology Group Ltd. (AU:HTG) has released an update.

Harvest Technology Group Ltd. has successfully raised $2.2 million through sophisticated investors using various debt instruments, including secured and unsecured convertible notes, with plans to raise an additional $1.8 million. The company highlighted a significant balance sheet improvement, turning a net current liabilities position into net current assets, and is now focusing on growth strategies. CEO Ilario Faenza expressed satisfaction with the restructuring and fundraising efforts, which will allow the company to concentrate on growth without distractions.

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