Global Masters Fund Limited (ASX:GFL) Releases Quarterly Convertible Notes Report
Convertible Notes Overview
Global Masters Fund Limited (ASX:GFL) confirmed that the conversion price for GFL Convertible Notes remains unchanged at $3.10. The loan-to-value (LTV) ratio as of 31 March 2025 stands at 13.54%, calculated based on total debt of $9,526,954, cash and cash equivalents of $177,365, and a market value of marketable securities totaling $69,072,304.
Compliance and Governance
The company affirmed its compliance with the Corporations Act 2001, ensuring adherence to all terms of the Notes, Trust Deed, and relevant chapters of the Act during the reporting period. No material changes or events affecting the issuer or its securities arose during the quarter.
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