Dental concern seeks to raise $6.2 million

The dental software company has also just signed a deal to supply software to Las Vegas-based corporate dental chain, Comfort Dental .

SOE will offer convertible notes at $1.40 per note for every five ordinary shares. The notes will carry a three-year term with an interest rate of 9 percent per annum, and on maturity will mandatorily convert to fully paid shares on a one-for-one basis.

Funds raised will help the company enter the US group dental practice market, expand its links with public health providers and dental schools, and help with the purchase of British competitor Advanced Healthcare Computing.

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