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$50M convertible financing facility

Coverage of $50M convertible financing facility in the Nexus archive.

Earliest in view: Apr 15 · 14:24 UTCMost recent: Apr 15 · 14:24 UTC

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BUSINESSApr 15 · 14:24 UTCTECHCRUNCH
After sale of its shoe business, Allbirds pivots to AI
Allbirds has sold its shoe business and is transitioning to AI, rebranding as NewBird AI. The company secured a $50M convertible financing facility to support its pivot.