What happened
Barrel updated the terms of convertible bonds to raise US$6.65M, about 42.4% of its market value.
For context, this raise equals about 42.4% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Convertible bonds |
|---|---|
| Raise amount | US$6.65M |
| vs. market value | 42.4% |
| Filed | 2026-05-22, [Amended] Material event report (convertible bonds) |
| Source | DART rcept 20260522000373 → open original filing |
Source: DART. Information only, not investment advice.