Indus Holdings, Inc. (CNSX:INDS) announced a private placement of loan for gross proceeds of $1.275 million on January 10, 2020. The transaction will include participation from Hadron Capital LLP. The loan has an interest rate of 20% per annum and must be repaid within 120 days of demand or earlier if the company enters into a financing arrangement to replace the loan. The loan was secured by a first priority security interest in the assets of the company and an assignment of certain accounts receivable of the company’s United States subsidiaries.