The company expects to raise between $10 million to $15 million from accredited and institutional investors.
Shares in MoneyMax closed flat at 20.5 cents on Nov 1.
Pawnbroker MoneyMax Financial Serviceshas launched its Series 005 Tokens under its commercial paper programme on the ADDX Exchange.
The issuance will bear an interest rate of 5.25% per annum and will mature four months from the date of issuance.
