Loan & DebtOct 22, 2026, 06:07 AM
NOVONIX Ltd: 7M Convertible Debentures Cease Due to Repayment
AI Summary
NOVONIX LIMITED has filed a notification regarding the cessation of 7,000,000 convertible debentures (NVXAH). The cessation is due to repayment or redemption without conversion, stemming from an amortisation event. Following this, the company's issued capital includes 28,000,000 NVXAH convertible debentures. The repayment was completed on September 21, 2026, with no consideration paid by the entity.
Key Highlights
- NOVONIX LIMITED announced the cessation of 7,000,000 convertible debentures.
- The convertible debentures (NVXAH) ceased due to repayment or redemption without conversion.
- The total number of NVXAH convertible debentures remaining on issue is 28,000,000.
- The cessation event occurred on September 21, 2026.
- The company stated that US$7,000,000 of convertible debentures were redeemed as a result of an amortisation event.
Price Impact
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