"On 26 December 2023, the company received a short-term loan of $2,004,868 from executive Chairman, Rob Phillips. The
loan is unsecured, carries interest of 8% per annum payable monthly and is repayable within the earlier of seven days of
receiving a notice to repay from the Lender and 30 June 2024."
4C didn't mention 30 June 2024, so this seems to confirm the raise will replace the loan.
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