Brief: WeTrade Group Inc Announces Entry Of Securities Purchase Agreements

Next Technology Holding

06/04/2023 13:42

April 6 (Reuters) - WeTrade Group Inc  WETG.O :
    * WETRADE GROUP INC. ANNOUNCES ENTRY OF SECURITIES PURCHASE
AGREEMENTS
    * WETRADE GROUP INC - SALE AND ISSUANCE OF A NEW SERIES OF
SENIOR
SECURED CONVERTIBLE NOTES IN ORIGINAL PRINCIPAL AMOUNT OF $18.3
MILLION
    * WETRADE GROUP INC - SALE OF COMMON STOCK PURCHASE WARRANTS
TO
BUY UP TO 25% OF SHARES UNDERLYING NOTES AT INITIAL EXERCISE OF
$1.00/SHARE
    * WETRADE GROUP INC - NET PROCEEDS OF AGREEMENTS, AFTER
ORIGINAL
ISSUE DISCOUNT WILL TOTAL $16.5 MILLION

Source text for Eikon:  ID:nPn9WylpVa 
Further company coverage:  WETG.O 

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