# Realbotix Gets $500k Bridge Loan from Onconetix

> Realbotix secures $500k additional draw under bridge loan from Onconetix to fund merger.
- Title: Realbotix Gets $500k Bridge Loan from Onconetix | Shortify
- Summary: Realbotix secures $500k additional draw under bridge loan from Onconetix to fund merger. Realbotix Corp. received an additional $500,000 bridge loan from…
- Keywords: realbotix, onconetix, bridge loan, merger transaction, tsx-v, xbot, money, business, Gets, 500k, Bridge, Loan
- Source: Financialpost — https://financialpost.com/pmn/business-wire-news-releases-pmn/realbotix-announces-additional-draw-under-bridge-loan-from-onconetix
- Read time: 1 min
- Topics: realbotix, onconetix, bridge loan, merger transaction, tsx-v, xbot, money, business
## Realbotix Announces Additional Draw
Realbotix Corp. (TSX-V: XBOT) has agreed to an additional advance of US$500,000 under the bridge loan with Onconetix.
## Bridge Loan Details
The loan increases total advanced funds from US$2,500,000 to US$3,000,000 out of a US$5,000,000 facility.
## Loan Terms
The unsecured promissory note is non-interest-bearing and automatically cancels upon merger completion.
## CEO Statement
Andrew Kiguel, CEO of Realbotix, stated the loan provides greater commitment to complete the merger transaction.
## Merger Background
Realbotix and Onconetix previously announced a merger on February 12, 2026, with the bridge loan tied to the transaction.
## Loan Termination Clause
If the merger is terminated, interest accrues at 12% per annum on the outstanding principal from termination date.
## Key takeaway

Realbotix Corp. received an additional $500,000 bridge loan from Onconetix to advance their merger transaction.