Brief: Rubean AG And Cyclebit Group Prepare Strategic Partnership

Rubean AG

10/02/2022 18:15

Feb 10 (Reuters) - Rubean AG  R1B.MU :
    * DGAP-ADHOC: RUBEAN AG: RUBEAN AND CYCLEBIT GROUP PREPARE
STRATEGIC PARTNERSHIP
    * CYCLEBIT ALSO INTERESTED IN INCREASING ITS SHAREHOLDING
THROUGH
AN EXCHANGE OF SHARES
    * BINDING TALKS ON SUBSCRIPTION OF A CONVERTIBLE LOAN IN
VOLUME OF
3.4 MILLION EUROS BY CYCLEBIT FOR PURPOSE OF FINANCING
    * ALSO PLANNED TO ESTABLISH A STRATEGIC PARTNERSHIP IN FIELD
OF
DIGITAL PAYMENT SOLUTIONS
    * AS PART OF FINANCING , A CONVERTIBLE LOAN IS TO BE ISSUED
    * CONVERTIBLE LOAN  CAN BE CONVERTED AT ANY TIME WITHIN TERM
OF 24
MONTHS AT A CONVERSION PRICE OF EUR 12.50 PER RUBEAN SHARE

Source text for Eikon:  ID:nEQ4kvp9Pa 
Further company coverage:  R1B.MU 

 ((Reuters.Briefs@thomsonreuters.com;))