DomaCom has repaid the remaining $1.3 Million of the original $1.8 Million owed as part of the convertible security entered into earlier this year with The Australian Special Opportunity Fund, LP, a New York-based institutional investor managed by The Lind Partners, LLC (together, “Lind”).
DomaCom CEO, Arthur Naoumidis said, “Lind have been great partners and were instrumental in providing funding earlier this year which has allowed the company to navigate a challenging period. Repaying Lind early will reduce our monthly cash outflows by $90,000 which will help our ongoing cash management.”
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