REG - Iconic Labs PLC - Issue of Debt

Iconic LabsAnnouncement

14/08/2023 08:00

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RNS Number : 2106J  Iconic Labs PLC  14 August 2023

14 August 2023

 

Iconic Labs Plc ("Iconic")

 

EHGOSF Subscribes to a £ 300,000 Under £ 3 Million Financing Facility

 

EHGOSF has subscribed to a £ 300,000 of convertible notes under the £ 3
million financing facility that was entered into on 28 September 2022.

 

In exchange, Iconic will issue 300 convertible notes to EHGOSF along with
5,000,000,000 warrants with an exercise price of £ 0.00003.

 

The funds under this tranche shall be used to meet Iconic's operational and
strategical purposes.

 

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