Brief: Spinnova Signs LoI On Potential Acquisition Of Tearfil
17/09/2026 14:03
BRIEF-Spinnova Signs LoI On Potential Acquisition Of Tearfil Sept 17 (Reuters) - Spinnova Oyj SPINN.HE:
SPINNOVA SIGNS LETTER OF INTENT REGARDING POTENTIAL ACQUISITION OF TEARFIL AND RELATED EUR 1.5 MILLION BRIDGE LOAN FINANCING
INITIAL PURCHASE VALUATION OF EUR 500,000 IN CASH AND SPINNOVA SHARES FOR TEARFIL
CONTEMPLATES EUR 1.50 MILLION BRIDGE LOAN FINANCING FOR TEARFIL DURING PER PROCESS
INTENDED TIMEFRAME FOR COMPLETION OF POTENTIAL ACQUISITION IS DURING Q1 2027.
LOAN INTEREST RATE IS 12-MONTH EURIBOR PLUS 2%, MATURING ONE YEAR AFTER PAYMENT
Source text: ID:nMFN4tyzRf
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