Financing ·
On July 8, 2026, Fast Track Group entered into two significant financing arrangements
FTRKFast Track Group
On July 8, 2026, Fast Track Group entered into two significant financing arrangements. First, the company established an equity line of credit (ELOC) with Tumim Stone Capital, LLC, allowing for the issuance of up to $20,000,000 in ordinary shares. Second, the company closed a $1,500,000 senior convertible note financing with 3i, LP. This note has a principal amount of $1,666,666.67, carries a 6.0% annual interest rate, and matures in 12 months. The financing also included warrants to purchase 821,705 ordinary shares at a conversion price of $0.5375 per share. Z2 Capital, LLC served as the placement agent for the convertible note transaction. Fast Track Group is a Singapore-based company involved in the events and hospitality industry.