Correction: Propanc Biopharma Reveals Strategic Financing Deal Worth Up to $100 Million with Hexstone Capital
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 15 2025
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Source: Newsfilter
Strategic Financing Agreement: Propanc Biopharma has secured a strategic financing agreement of up to $100 million with Hexstone Capital LLC to accelerate its clinical pipeline development and leverage Hexstone's investments in Digital Asset Treasury companies.
Preferred Stock and Warrants Issuance: The agreement includes the issuance of 100 shares of Series C Convertible Preferred Stock and 9,900 Warrants, allowing for significant potential funding while providing terms for conversion into Common Stock at a premium.
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About PPCB
Propanc Biopharma, Inc. is an Australia-based biopharmaceutical company. The Company is focused on the development of novel cancer treatments for patients suffering from pancreatic, ovarian and colorectal cancers. The Company has developed a rational, composite formulation of anti-cancer compounds, which together exert a number of effects designed to control or prevent tumors from recurring and spreading through the body. Its lead product candidate, PRP, is a variation upon its formulation and involves pro-enzymes, the inactive precursors of enzymes. PRP is a long-term therapy based on pancreatic proenzyme formulation to prevent tumor recurrence and metastasis. PRP is a patented, formulation consisting of two proenzymes mixed in a synergetic ratio. PRP is in the preclinical phase of development. Its drug pipeline also includes POP1.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
