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Data Center News > Blog > Investments > Cardea Closes $15M Convertible Note Financing
Investments

Cardea Closes $15M Convertible Note Financing

Last updated: August 15, 2024 1:56 pm
Published August 15, 2024
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Cardea, an Atlanta, GA-based world asset administration agency, raised a $15M convertible word funding.

Cardea

Backers included included each present shareholders and new strategic companions.

The corporate intends to make use of the funds to additional speed up its progress by means of strategic acquisitions and technological infrastructure enhancements.

Led by Jordan Waring, Chairman and Group CEO, and Neil Fillary, President and Worldwide CEO, Cardea is an rising chief in world asset, wealth and funding administration that develops methods to match the wants of every of its advisors and shoppers. The agency is dedicated to delivering revolutionary options with a deal with progress and operations by means of open structure and disciplined funding portfolios.

On August 17, 2023, Cardea entered right into a definitive settlement for a enterprise mixture with International Blockchain Acquisition Corp. (Nasdaq: GBBK), a particular goal acquisition firm. Upon the completion of the transaction, the agency was listed on The Nasdaq Inventory Market. The transaction offered Cardea with financing to fund its progress technique globally.

FinSMEs

15/08/2024

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See also  Variolytics Raises Growth Financing Round with Nordic Alpha Partners
TAGGED: 15M, Cardea, Closes, Convertible, Financing, Note
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