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Gelteq LtdBullish
Gelteq Limited received shareholder approval on June 18, 2026, for a debt financing agreement totaling up to $3.5 million, subsequently closing a $2.5 million second tranche of convertible notes on June 26, 2026. The notes are convertible at 93% of the volume-weighted average price and include toxic provisions such as balance increases upon trigger events, posing significant dilution risks to shareholders.…more
Gelteq Ltd
Gelteq Ltd reported a net loss of 3.74 million AUD for the six-month period ended December 31, 2025. The company has secured a strategic debt financing agreement of up to 3.5 million USD to accelerate clinical programs and plans to commence human clinical trials starting July 1, 2026.…more
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