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    Audio Pixels Holdings (ASX:AKP) secures increased funding facility of $1.5M

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    Audio Pixels (ASX:AKP) has announced it will receive an additional $1.5M from chairman Fred Bart's 4F Investments.

    The new loan has a 12% interest rate, repayable from a future capital raise.

    Audio Pixels says its a world leader in digital loudspeaker technologies by generating sound waves directly from a digital audio stream using micro-electromechanical structures (MEMS). 

    Shares of Audio Pixels Holdings closed up 4% today.

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