Osteopore Limited announced that it has entered into agreement that it will issue bridge loan for proceeds of SGD 1,000,000 on December 28, 2023. The transaction will include participation from new lender Advance Opportunities Fund I, a fund managed by ZICO Asset Management Pte. Ltd. The bridge loan term has a period of 90 calendar days from the date of disbursement and can be extended on a month to-month basis for a maximum period of two calendar months.

Upfront interest payable of SGD 90,000 and an interest rate of 3% per month for the first 3months, 4% per month for the fourth month, and 5% per month on the fifth month and thereafter.