Brief: Subgen AI Says Debt Settlement In Unit Through Share Transfers
15/01/2026 06:39
Jan 15 (Reuters) - Subgen AI AB SUBGEN.ST: ANNOUNCES DEBT SETTLEMENT IN SUBSIDIARY THROUGH SHARE TRANSFERS WITHOUT DILUTION SUBSTRATE AI, WHICH CURRENTLY HOLDS ABOUT 17% OF CO'S OUTSTANDING SHARES, TO TRANSFER ORDINARY SHARES AS PAYMENT IN KIND TO GROUP OF INVESTORS, PARTNERS, CREDITORS SUBSTRATE AI TO USE 41,850,820 SHARES TO SETTLE OBLIGATIONS DEAL REDUCES SUBSTRATE AI DEBT BY EUR 3 MILLION AND BROADENS SHAREHOLDER BASE FOLLOWING COMPLETION OF TRANSACTION, SUBSTRATE AI WILL HOLD A TOTAL OF ABOUT 132,000,000 ORDINARY SHARES IN SUBGEN AI Source text: ID:nMFN5yGNPP Further company coverage: SUBGEN.ST (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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