Brief: Switzerland’s Native SA Gives Update On Convertible Note

Youngtimers AG

23/12/2019 14:47

Dec 23 (Reuters) - Native SA  NTIV.S :
    * NATIVE SA ANNOUNCES SUBSCRIPTION OF CONVERTIBLE NOTE
    * ANNOUNCES CLOSING OF SUBSCRIPTION OF CONVERTIBLE NOTE
    * FINALIZED SUBSCRIPTION OF CONVERTIBLE NOTE BY WAY OF
COMPENSATION WITH MAJORITY OF CREDITORS
    * INTENDS TO BUILD ON THIS BASIS WITH A REVISED BUSINESS
PLAN AND
SUPPORTING RECAPITALIZATION TO BE FURTHER ANNOUNCED IN Q1 2020

Source text: https://bit.ly/2PPPGvF
Further company coverage:  NTIV.S 

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