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Highlights
- Livium (ASX:LIV) completes full repayment of Lind Facility.
- No new shares issued as part of the settlement.
- Institutional and sophisticated investors contribute A$4.5 million.
Livium Ltd (ASX:LIV) has successfully finalized all necessary subscriptions and repayments related to its Placement Agreement with Lind Global Fund II, which is managed by The Lind Partners. This development marks a significant financial milestone for the company, reinforcing its capital structure and improving financial flexibility.
The company has completed the full repayment of the pre-payment amount to Lind, totaling A$2.27 million, inclusive of exit fees. A key aspect of this settlement is that no additional shares were issued to Lind as part of the repayment process, ensuring there is no further dilution for existing shareholders.
As of March 13, 2025, Lind's total holding in Livium stood at approximately 14.6 million ordinary shares. This reflects a structured settlement that aligns with the company’s broader financial management strategy.
In addition to the repayments, Lind has provided Livium with A$450,000 in cash, which pertains to advanced shares previously issued under the Lind Facility. This move further strengthens Livium’s cash position and ensures smoother financial operations moving forward.
These transactions follow Livium’s recent successful capital raising, in which the company secured A$4.5 million from institutional and sophisticated investors. The fresh capital injection plays a crucial role in supporting ongoing corporate initiatives, expansion strategies, and potential future developments.
With this strategic financial restructuring, Livium continues to focus on long-term growth opportunities while maintaining a stable capital framework. Investors and stakeholders will be closely monitoring how this enhanced financial position translates into future operational and business developments.