Brief: Gaussin: Bond Loan For EUR 10 Million
02/08/2023 07:40
Aug 2 (Reuters) - Gaussin SA ALGAU.PA :
* SIGNATURE OF AN AMENDMENT TO THE SIMPLE NON-CONVERTIBLE
BOND
LOAN FOR AN ADDITIONAL AMOUNT OF EUR 10 MILLION
* BOND LOAN BEARING INTEREST AT AN ANNUAL RATE OF 6%,
INCLUDING AN
ISSUE OF 7 MILLION WARRANTS (BSA)
* SHARES, RESULTING FROM EXERCISE OF AFOREMENTIONED TITLES,
WILL
BE, IN GENERAL, SOLD ON MARKET AT VERY SHORT NOTICE, WHICH CAN
CREATE STRONG DOWNWARD PRESSURE ON THE STOCK PRICE
* SHAREHOLDERS MAY SUFFER A LOSS OF THEIR INVESTED CAPITAL
DUE TO
A SIGNIFICANT DECLINE IN THE VALUE OF THE COMPANY'S STOCK, AS
WELL AS STRONG DILUTION
* THIS FINANCING MAKES IT POSSIBLE TO INCREASE THE COMPANY'S
EQUITY WHILE STRENGTHENING ITS CASH FLOW AND IN PARTICULAR MAKES
IT POSSIBLE TO FINANCE THE RAPIDLY GROWING ORDER BOOK
Source text for Eikon: ID:nACT81360
Further company coverage: ALGAU.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))