Alternative Ballistics Corporation (OTCQB: ALBC) completed a financing transaction consisting of a $1 million convertible note together with a $15 million equity line of credit, providing the Company with flexible access to growth capital.
The financing combines immediate funding through the convertible note with the ability to access additional capital over time through the equity line, enhancing the Company’s financial flexibility while supporting future strategic initiatives and working capital requirements.
Lucosky Brookman LLP served as legal counsel to Alternative Ballistics Corporation in connection with the financing transaction.
