Brief: Wyld Networks Carries Out Directed Issue, Rights Issue, Secures Loans

Wyld Networks AB

29/08/2023 13:37

Aug 29 (Reuters) - Wyld Networks AB  WYLD.ST :
    * CARRIES OUT A DIRECTED ISSUE OF UNITS OF SEK 15 MILLION, A
RIGHTS ISSUE OF WARRANTS FREE-OF-CHARGE AND SECURES LOANS OF SEK
15 MILLION
    * HAS DECIDED TO CARRY OUT A DIRECTED ISSUE OF UNITS,
CONSISTING
OF SHARES AND SERIES TO4 AND TO5 WARRANTS, TO BULTEN AB, EXELITY
AB AND JONATHAN SWANN
    * BOD HAS ALSO DECIDED TO CONDUCT A FREE-OF-CHARGE RIGHTS
ISSUE OF
UNITS, CONSISTING OF SERIES TO4 AND TO5 WARRANTS
    * BOARD OF DIRECTORS OF WYLD NETWORKS HAS DECIDED TO ENTER
INTO
LOAN AGREEMENTS TOTALING SEK 15 MILLION ( "LOAN") ISSUED BY
BULTEN AB AND EXELITY AB ( "LENDERS")
    * HAS ALSO DECIDED TO CARRY OUT A FREE-OF-CHARGE DIRECTED
ISSUE OF
SERIES TO4 AND TO5 WARRANTS TO LENDERS ( "LOAN ISSUE")
    * DIRECTED ISSUE, RIGHT ISSUE, LOAN, AND LOAN ISSUE ARE
COLLECTIVELY REFERRED TO AS ( "FINANCING")

Source text for Eikon:  ID:nWkr3LVJ2Q 
Further company coverage:  WYLD.ST 

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