Thomson Geer has acted for ASX-listed Dragontail Systems Limited (ASX:DTS) (DTS) in relation to an unsecured debt facility for $4.3m. 

The funds were raised from DTS's largest Australian-based shareholder, Alceon Liquid Strategies Pty Ltd, a member of the Alceon Group. 

The facility included unlisted call options to subscribe for fully paid ordinary shares in DTS which were granted under a prospectus prepared by TG and issued by DTS.

Partner, Jason Marcus was the lead partner on this project, and he was assisted by Partner, Stephen Lyons and Special Counsel, Helen Jin.