CORRECTED: Onconetix Provides Strategic Bridge Financing to Realbotix LLC in Support of Pending Acquisition
Onconetix, Inc. announced a non-interest bearing bridge loan facility of up to $5 million to Realbotix LLC to support its growth and working capital prior to the closing of Onconetix's pending all-stock acquisition of Realbotix. The loan will be cancelled upon closing and reduce the acquisition cash consideration. The acquisition requires sharehold…