Arbor announced that it has executed a term sheet of convertible loan on March 30, 2021. The transaction will include participation from Wisr Limited (ASX:WZR). The loan when converted, the investment will give investor a small minority shareholding in company, with a pathway to potentially increase the shareholding to 45% over the next 36 months. The investment remains subject to finalization of due diligence and legal documentation which is anticipated by the end of April 2021.