CCH Holdings completes US$2.5 million convertible promissory note offering subsequent closing

• CCH Holdings completed a subsequent closing of a US$2.5 million convertible promissory note issuance with accompanying warrants.
• The investor funded US$1,035,000 at the second closing, net of a US$115,000 additional discount tied to that tranche.
• Aggregate gross proceeds received under the deal totaled US$2.19 million once the note was fully issued.
• The second closing followed SEC effectiveness of a Form F-1 registering resale of shares issuable on conversion and warrant exercise.

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