Viking Global Technologies Amends $1.2M Note; Subsidiary Secures $300,000 Short-Term Loan
Viking Global Technologies amended a $1.2M convertible note with FK Venture, extending maturity to April 2027 and adjusting conversion terms. Its subsidiary, Viking Protection Systems, secured a $300,000 short-term loan from accredited investors, backed by a CEO guaranty. The moves aim to improve liquidity and address potential senior lender default risks, according to the company.
