Brief: Learning 2 Sleep Raises New Capital Through Convertible Loan
17/08/2022 07:50
Aug 17 (Reuters) - Learning 2 Sleep L2S AB L2S.ST :
* STRENGTHENS RAISES NEW CAPITAL THROUGH A CONVERTIBLE LOAN,
WHERE
SEK 2 MILLION IS GUARANTEED FROM TWO OF MAJOR OWNERS
* LOAN, WHICH RUNS FOR 18 MONTHS, CAN BE CONVERTED INTO
SHARES
AFTER 12 MONTHS AT STRIKE PRICE OF 1.60, WHICH CORRESPONDS TO
200 PERCENT OF CURRENT MARKET PRICE
Source text for Eikon: ID:nMFN1ZmkNb
Further company coverage: L2S.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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