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Think Research enters into a 25 million dollar convertible loan with Beedie Capital

Think Research enters into a 25 million dollar convertible loan with Beedie Capital

Think Research CEO Sachin Aggarwal joined Steve Darling from Proactive to share news has taken a strong financial step forward entering into a credit agreement Beedie Investments. Aggaral telling Proactive this is a non-revolving term convertible loan facility of up to 25 million dollars. This deal also includes an initial advance of 10 million dollars with the remaining 15 million available for subsequent advances in minimum tranches of 3 million.