Brief: Arbe Announces Issuance Of Convertible Debentures

Arbe Robotics

06/06/2024 21:02

June 6 (Reuters) - Arbe Robotics Ltd  ARBE.TA :
    * ARBE ANNOUNCES ISSUANCE OF CONVERTIBLE DEBENTURES
    * ARBE ANNOUNCES ISSUANCE OF CONVERTIBLE DEBENTURES
    * ARBE ROBOTICS LTD - RAISES APPROXIMATELY $30 MILLION
THROUGH
CONVERTIBLE DEBENTURE OFFERING, LISTED ON TEL AVIV STOCK
EXCHANGE
    * ARBE ROBOTICS LTD - DEBENTURES BEAR AN ANNUAL INTEREST
RATE OF
6.5%, MATURE ON MAY 30, 2028
    * ARBE ROBOTICS LTD - DEBENTURES ARE CONVERTIBLE INTO ARBE'S
ORDINARY SHARES AT A CONVERSION PRICE OF NIS 9.53 (ABOUT $2.60)
PER SHARE

Source text for Eikon:  ID:nPn1NcSDCa 
Further company coverage:  ARBE.TA 

 ((Reuters.Briefs@thomsonreuters.com;))