Uniserve closes $1.8 million loan financing with 369 Terminal Holdings at 7%###
Reuters2026/08/12 21:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Uniserve closed an amended and restated loan agreement with 369 Terminal Holdings, drawing proceeds of $1.8 million.
- Facility carries 7% annual interest, paid monthly; non-convertible; matures Aug. 12, 2028; no prepayment in year one.
- Proceeds earmarked for the 369 Terminal Avenue data center buildout in Vancouver, with remaining funds for general corporate purposes.
- Uniserve paid $72,000 in lending fees, equal to 4% of the loan amount.
- Lender received 2,500,000 non-transferable bonus warrants at $0.65, exercisable until maturity; four-month hold expires Dec. 13, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Uniserve Communications Corporation published the original content used to generate this news brief via Newsfile (Ref. ID: 202608121700NEWSFILECNPR____20260812_309408_1) on August 12, 2026, and is solely responsible for the information contained therein.
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