High Wire (HWNI) cancels $10 million ELOC
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High Wire Networks Cancels $10 Million Equity Line of Credit (ELOC)
March 11, 2025 3:44 PM EDTBATAVIA, Ill., March 11, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leader in managed services and technology solutions, announced the cancellation of its $10 million Equity Line of Credit (ELOC). The ELOC was part of a recent bridge financing package with a single investment fund.
Mark Porter, President and CEO of High Wire Networks, stated, As we look at the needs of our business going forward and the timing of all contemplated events, we feel that the ELOC is not in the best interest of our... More
