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CRNO TO1 B - Cereno Scientific AB News Story

SEK0.395 -0.0  -3.7%

Last Trade - 05/03/21

Sector
Healthcare
Size
Micro Cap
Market Cap £11.4m
Enterprise Value £6.61m
Revenue £n/a
Position in Universe 1538th / 1850

BRIEF-Cereno Scientific Ends Financing Solution With European High Growth Opportunities Securitization Fund

Fri 1st March, 2019 7:17am
March 1 (Reuters) - Cereno Scientific AB  CRNOSb.TE :
    * CERENO SCIENTIFIC ENDS THE FINANCING SOLUTION WITH
EUROPEAN HIGH
GROWTH OPPORTUNITIES SECURITIZATION FUND
    * IN CONJUNCTION WITH TERMINATION OF FINANCING AGREEMENT,
EHGOSF
HAS CHOSEN TO FUND TWO LAST TRANCHES OF SEK 3.5 MILLION EACH
    * AGREEMENT ALSO INCLUDES A FEE OF SEK 1 MILLION WHICH
CERENO WILL
PAY TO EHGOSF.
    * FOLLOWING TERMINATION OF FINANCING SOLUTION, CONVERTIBLE
LOANS
OF SEK 5.2 MILLION AND 2,247,569 WARRANTS WILL BE OUTSTANDING

Source text for Eikon:  ID:nWkr2CcMP0 
Further company coverage:  CRNOSb.TE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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