Spiralfrog Faces Major Debt Deadline; Equity Handover Likely
The situation at Spiralfrog appears to be worsening, based on upcoming debt obligations. Earlier this week, sources pointed Digital Music News to a quickly-arriving deadline involving upwards of $10 million in convertible notes, though specific figures could not be confirmed. That is part of a loan structure that relies heavily on senior secured notes, and … Continue reading Spiralfrog Faces Major Debt Deadline; Equity Handover Likely
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