Toople Plc announced that it has received commitments for a private placement of convertible loans of £300,000 from private investors and existing shareholders on March 29, 2022. The loans have an interest rate of 10% and will mature in January 2023. The lenders will receive warrants equal to 100% of the number of ordinary shares issued at conversion exercisable at the conversion price anytime up until 28 March 2024.