Brief: AegirBio Agrees To Convertible Bonds Of SEK 55 Mln

Subgen AI AB

20/12/2022 16:05

Dec 20 (Reuters) - Aegirbio AB  AEGIR.ST :
    * ENTERS INTO AN AGREEMENT WITH ATLAS SPECIAL OPPORTUNITIES,
LLC
REGARDING CONVERTIBLE BONDS OF SEK 55 MILLION WITH ATTACHED
WARRANTS TO INTENSIFY INVESTMENTS IN I.A. TDM AND SALIVA
SAMPLING
    * CONVERTIBLE BONDS AND WARRANTS ARE ISSUED IN SO-CALLED
UNITS
WHERE EACH UNIT CONTAINS ONE CONVERTIBLE BOND, 2,517 WARRANTS OF
SERIES TO3 AND 2,183 WARRANTS OF SERIES TO4
    * FOR CONVERTIBLE BONDS, ATLAS SHALL PAY CASH CONSIDERATION
OF SEK
48,950,000, CORRESPONDING TO 89 PERCENT OF TOTAL NOMINAL AMOUNT
OF CONVERTIBLE BONDS
    * CONVERTIBLE BONDS RUN WITH ZERO INTEREST AND ARE DUE FOR
PAYMENT
24 MONTHS FROM DATE WHEN EXTRAORDINARY GENERAL MEETING DECIDES
ON UNIT ISSUE
    * REMAINING 11 PERCENT OF TOTAL NOMINAL AMOUNT OF
CONVERTIBLE
BONDS IS PAID BY ATLAS BY WAY OF SET-OFF AGAINST FEES TO BE PAID
BY AEGIRBIO

Source text for Eikon:  ID:nWkr6C0GRq 
Further company coverage:  AEGIR.ST 
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