The battery and graphite company has delayed repayments on a $4.6m loan for the second time, as it faces a restart of court battles with its key tech partner C4V over control of their gigafactory.
In a market update on Wednesday, Magnis revealed it had again extended the payback date of a $4.6m lifeline with a consortium of lenders to the end of April.
It is the second time that the former ASX darling has pushed out the terms of the loan, which Magnis locked in under a deal inked in…
