BitNile Metaverse (BNMV) Obtains $5.5M in Secured Debt Financing

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Go back to BitNile Metaverse (BNMV) Obtains $5.5M in Secured Debt Financing

BitNile Metaverse Obtains $5.5 Million in Secured Debt Financing

April 28, 2023 8:00 AM EDT

LAS VEGAS, April 28, 2023 (GLOBE NEWSWIRE) -- BitNile Metaverse, Inc. (Nasdaq: BNMV) (BitNile or the Company) announced today that it sold $6.875 million of principal face amount senior secured convertible notes with an original issue discount (the Notes) to sophisticated investors, for gross proceeds to the Company of $5.5 million (the Financing). The Notes... More