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Raadr (Doing Business as Telvantis) Announces $45 Million Working Capital Facility to Drive Accelerated Growth

GlobeNewswire LogoGlobeNewswire4d ago

Raadr (Doing Business as Telvantis) Announces $45 Million Working Capital Facility to Drive Accelerated Growth - GlobeNewswire

Quick Summary:

Any forward-looking statements speak only as of the date of this news release and the company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.Telvantis Inc.

This strategic financial arrangement strengthens the Company’s foundation by lowering fixed-interest expenses and providing increased access to funding for growth initiatives, marking a significant milestone in the company’s mission to deliver innovative solutions in the telecommunications sector.

NEW YORK, Dec.18, 2024 (GLOBE NEWSWIRE) -- Raadr, Inc., now doing business as Telvantis (OTC PINK: RDAR) ("Telvantis" or the "Company"), is excited to announce the establishment of a new $45 million secured working capital facility.

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Article Details

Author / Journalist: Telvantis Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 13:00:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 364 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 24536730

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News Last Updated: 11 hours ago

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Publisher ID: #116

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