Wingara AG Secures AU$250 thousand Loan Facility to Support Strategic Transactions.
Wingara AG Limited (ASX: WNR) has received binding commitments from entities associated with NAOS Asset Management Ltd for an unsecured loan facility of up to AU$250,000, enhancing the Company’s short-term funding capacity. The facility enables Wingara to continue assessing and progressing several strategic transaction opportunities currently under review. The loan carries interest of 12% per annum, accruing daily and capitalised quarterly, with repayment due on 31 December 2026 or earlier if the Company completes a capital raising of not less than AU$1.0 million.
Wingara retains the flexibility to prepay all or part of the facility at any time. Subject to shareholder approval, the lender may convert outstanding amounts into convertible notes, providing potential funding and capital structure optionality. The convertible notes would mature on 31 December 2026 and be convertible into ordinary shares at a price linked to market VWAP or a prospectus offer price, less a 25% discount. Overall, the facility supports Wingara’s strategic review while preserving financial flexibility.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Wingara AG Secures AU$250 thousand Loan Facility to Support Strategic Transactions.
Wingara AG Limited (ASX: WNR) has received binding commitments from entities associated with NAOS Asset Management Ltd for an unsecured loan facility of up to AU$250,000, enhancing the Company’s short-term funding capacity. The facility enables Wingara to continue assessing and progressing several strategic transaction opportunities currently under review. The loan carries interest of 12% per annum, accruing daily and capitalised quarterly, with repayment due on 31 December 2026 or earlier if the Company completes a capital raising of not less than AU$1.0 million.
Wingara retains the flexibility to prepay all or part of the facility at any time. Subject to shareholder approval, the lender may convert outstanding amounts into convertible notes, providing potential funding and capital structure optionality. The convertible notes would mature on 31 December 2026 and be convertible into ordinary shares at a price linked to market VWAP or a prospectus offer price, less a 25% discount. Overall, the facility supports Wingara’s strategic review while preserving financial flexibility.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au