Brief: Qlife Holding Resolves On Directed Issue Of Convertible Loan

Qlife Holding AB

03/08/2023 13:31

Aug 3 (Reuters) - Qlife Holding AB  QLIFE.ST :
    * RESOLVED ON A DIRECTED ISSUE OF A CONVERTIBLE LOAN RAISING
GROSS
PROCEEDS OF SEK4,647,035 PRIOR TO DEDUCTION OF TRANSACTION COSTS
    * CONVERTIBLE HAS A 12-MONTH TERM TO MATURITY ON 31 JULY
2024
    * LENDERS HAVE RIGHT TO REQUEST CONVERSION OF CONVERTIBLES
(AMOUNT
OWED, INCREASED WITH SET-UP FEE, REF. BELOW) AT A CONVERSION
PRICE OF SEK 0.08 PER SHARE, CORRESPONDING TO QUOTA VALUE OF
COMPANY'S SHARES

Source text for Eikon:  ID:nWkr187T8k 
Further company coverage:  QLIFE.ST 

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