Brief: Paion Reports Full Conversion Of Convertible Notes

PAION AG

08/07/2020 13:02

July 8 (Reuters) - PAION AG  PA8G.DE :
    * REPORTS FULL CONVERSION OF CONVERTIBLE NOTES
    * WITH RECENT U.S. APPROVAL OF REMIMAZOLAM, INCLUDING A
RELATED
MILESTONE PAYMENT OF EUR 15 MILLION, WE DO NOT PLAN TO FURTHER
USE THIS FACILITY
    * TODAY ANNOUNCES THAT EUR 5 MILLION CONVERTIBLE NOTES
ISSUED TO
YORKVILLE ADVISORS GLOBAL IN SEPTEMBER 2019 HAVE BEEN CONVERTED
INTO A TOTAL OF 2,363,350 PAION SHARES

Source text for Eikon:  ID:nEQ7yVz7na 
Further company coverage:  PA8G.DE 

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