Brief: Aino Health Decides On Directed Convertible Issue To Norberg & Partner Sustainable Group

Aino Health AB (publ)

21/04/2022 07:29

April 21 (Reuters) - Aino Health AB (publ)  AINO.ST :
    * SAID ON WEDNESDAY DECIDES ON DIRECTED CONVERTIBLE ISSUE TO
NORBERG & PARTNER SUSTAINABLE GROUP AB WITH TOTAL NOMINAL AMOUNT
OF SEK 10,000,000
    * EACH CONVERTIBLE HAS NOMINAL VALUE OF SEK 1 AND IS ISSUED
AT A
SUBSCRIPTION PRICE PER CONVERTIBLE OF 100 PERCENT OF NOMINAL
AMOUNT
    * NORBERG & PARTNER HAS FURTHER UNDERTAKEN TO MAKE PAYMENT
OF AT
LEAST SEK 1,250,000 PER CALENDAR MONTH
    * HOLDER OF CONVERTIBLES IS ENTITLED TO, DURING THE PERIOD
FROM 1
JANUARY 2023 TO 31 DECEMBER 2024, DEMAND THE CONVERSION OF ALL
OR PART OF THE CONVERTIBLE RECEIVABLE, PLUS INTEREST, INTO NEW
SHARES IN THE COMPANY AT A CONVERSION PRICE OF SEK 3 PER SHARE

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE2bqSgg
 Further company coverage:  AINO.ST  

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