OwlTing Secures $10 Million in Convertible Financing, Establishes $50 Million Credit Facility

OwlTing announced on April 3, 2026, the completion of a $10 million capital raise via convertible securities, alongside a committed funding facility of up to $50 million. The transaction provides immediate liquidity and structured access to additional capital for corporate operations. The initial $10 million tranche closed under agreed conversion terms, while the broader facility remains available for future drawdowns pending standard corporate approvals. Proceeds will be allocated to technology infrastructure expansion and working capital. The company did not disclose the conversion premium, coupon rate, or maturity date in the initial filing.