Brief: Loudspring Enters Into Agreement With Eagle Filters

Eagle Filters Oyj

23/12/2020 12:03

Dec 23 (Reuters) - Loudspring Plc  LOUD.HE :
    * LOUDSPRING INCREASES OWNERSHIP IN EAGLE FILTERS,
RESPIRATORS
PASS REQUIREMENTS FOR FIRST CE-CERTIFICATIONS
    * LOUDSPRING HAS ENTERED INTO FINANCING AGREEMENT WITH EAGLE
FILTERS AND ITS FOUNDER MR. JUHA KARILUOTO
    * CONVERTS 1 MILLION EUR PREVIOUSLY EXISTING LOANS TO EAGLE
FILTERS INTO EQUITY.
    * ALSO AGREED ON A PURCHASE OPTION TO PURCHASE ALL REMAINING
SHARES IN EAGLE FILTERS
    * TOTAL PURCHASE PRICE IS BASED ON FUTURE PERFORMANCE OF
COMPANY.
    * PURCHASE OPTION IS EXERCISABLE IN TRANCES, VALID UNTIL END
OF
2025

Source text for Eikon:  ID:nWkr78DR8Y 
Further company coverage:  LOUD.HE 

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