Brief: Ensurge Micropower Secures NOK 21 Million In Financing
BRIEF-Ensurge Micropower Secures NOK 21 Million In Financing Sept 28 (Reuters) - Ensurge Micropower ASA ENSU.OL:
SECURES NOK 21 MILLION IN CONVERTIBLE LOAN FINANCING, MAXIMUM UP TO NOK 35 MILLION
CONVERTIBLE LOANS HAVE CONVERSION PRICE OF NOK 1.00 PER SHARE, 77.3% PREMIUM TO CLOSING PRICE
CONVERTIBLE LOANS CARRY 10.0% PER ANNUM COUPON, PAID-IN-KIND WITH ADDITIONAL SHARES
LENDERS RECEIVE THREE WARRANTS FOR EVERY NOK 5 ALLOCATED IN CONVERTIBLE LOAN
Source text: ID:nObiTHmcKa
Further company coverage: ENSU.OL
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