Graphjet Technology has entered into a Master Loan Agreement with International Liquidity, LLC, securing a non-recourse term loan equal to 65% of the fair market value of pledged collateral, currently estimated at approximately $7 million. The loan carries a fixed annual interest rate of 5%, with quarterly payments commencing three months after closing. Maturing in five years, the loan is secured by a pledge of 3,157,000 shares of Graphjet Technology, which will be returned to the company upon full repayment. The agreement includes customary terms, including representations, warranties, and covenants.
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