Presto Automation Inc., an AI and automation technology provider to the restaurant industry, has closed a financing led by its existing investors, including Remus Capital, a fund controlled by the Company’s Chairman, Krishna K. Gupta, and other investors, involving the sale of $6.0 million of convertible subordinated notes. One of the existing investors is also exchanging 3.0 million shares of the Company’s common stock which was purchased on November 21, 2023 for $3.0 million of…
Read further.
#hotel #hoteltrade #hotelnews
