Brief: Arcane Crypto Resolves On Directed Set-Off Issue

White Pearl Technology AB

08/06/2021 07:08

June 8(Reuters) - Arcane Crypto  ARCANE.ST :
    * SAID ON MONDAY IT RESOLVED ON A DIRECTED SET-OFF ISSUE OF
SEK
1.62 MLN
    * RESOLVED ON A DIRECTED SET-OFF ISSUE OF NO MORE THAN
9,215,845
SHARES AT A SUBSCRIPTION PRICE OF ABOUT SEK 0.1758 PER SHARE
    * ISSUE DIRECTED TO DIVIDEND SWEDEN AB AND CRAFOORD CAPITAL
PARTNERS AB AND IS PAID BY OFFSETTING PREVIOUSLY RAISED LOANS.
    * BOARD BELIEVES CO'S FINANCIAL POSITION WILL BE
STRENGTHENED BY
SET-OFF AND THAT PAYMENT OF THE NEWLY ISSUED SHARES CAN
ADVANTAGEOUSLY BE MADE BY SET-OFF

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBQNTK67D
    
 Further company coverage:  ARCANE.ST  
   


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