What happened
Pavonine disclosed convertible bonds to raise US$9.61M, about 61.0% of its market value.
For context, this raise equals about 61.0% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Convertible bonds |
|---|---|
| Raise amount | US$9.61M |
| vs. market value | 61.0% |
| Filed | 2026-04-02, Material event report (convertible bonds) |
| Source | DART rcept 20260402002645 → open original filing |
Source: DART. Information only, not investment advice.

