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    Brief: INQ Says Secured Lenders Convert $5.4 Mln Of Convertible Debt Into Shares

    Picture of Inq AB (publ) logoInq AB (publ)
    08/10/2026 06:47
    BRIEF-INQ Says Secured Lenders Convert $5.4 Mln Of Convertible Debt Into Shares
    Oct 8 (Reuters) - Inq Group AB (publ) INQ.ST:
    • SUBSTANTIALLY DELEVERAGES ITS BALANCE SHEET AS SECURED LENDERS CONVERT USD 5.4 MILLION OF CONVERTIBLE DEBT INTO SHARES
    • HOLDERS CONVERT USD 5.43 MILLION INTO EQUITY, REDUCING LOAN PRINCIPAL TO USD 1.55 MILLION
    • ISSUES 811,913,347 NEW SHARES AT SEK 0.06 PER SHARE FOR CONVERSION
    • PREPARES FOR 1:100 REVERSE SHARE SPLIT AFTER CONVERSION
    Source text: ID:nGNE4ZLd7C
    Further company coverage: INQ.ST

     (Gdansk Newsroom)
     ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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