Brief: Archos Issues OCEANE Bonds For 4.9 Million Euros

Archos SA

03/07/2018 17:12

July 3 (Reuters) - ARCHOS SA  ARCH.PA :
    * ISSUES OCEANE CONVERTIBLE BONDS FOR EUR 4.9 MILLION
    * BUYS BACK ALL YORKVILLE WARRANTS IN CIRCULATION
    * ISSUED 5,745,000 OCEANE BONDS
    * BONDS HAVE BEEN SUBSCRIBED AT THE AMOUNT OF EUR 3,701,108
IN
CASH AND AT EUR 1,210,867 BY COMPENSATION WITH DEBT DETAINED BY
YORKVILLE
    * PROCEEDS WILL ALLOW CO TO FINANCE THE DEVELOPMENT OF ITS
NEW
OFFERS IN ARTIFICIAL INTELLIGENCE

Source text for Eikon:  ID:nACT54044 
Further company coverage:  ARCH.PA 

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