par Advanced Blockchain AG (isin : DE000A0M93V6)
EQS-Adhoc: Advanced Blockchain resolves to issue a new convertible bond with a volume of up to EUR 3 million
EQS-Ad-hoc: Advanced Blockchain AG / Key word(s): Bond/Cryptocurrency / Blockchain
Advanced Blockchain resolves to issue a new convertible bond with a volume of up to EUR 3 million
27-Sep-2023 / 10:41 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Advanced Blockchain resolves to issue a new convertible bond with a volume of up to EUR 3 million
September 27, 2023 - The Management Board of Advanced Blockchain AG, with the approval of the Supervisory Board, has resolved to issue a convertible bond by way of a private placement and its key economic parameters. The volume amounts to up to EUR 3.0 million, divided into up to 30 bonds with a nominal value of EUR 100,000.00 each. The term is 6 years with an interest rate of 3.00% p.a. The shareholders' statutory subscription rights are excluded. The initial conversion price is EUR 4.25. The issue will be made in a volume of up to EUR 1.5 million against contributions in kind in the form of an exchange of convertible bonds issued by the Company (ISIN: DE000A3MP4Q7). The net proceeds accruing to the Company from the issuance of the convertible bond 2023/2029 shall be used for general business purposes, including the financing of further investments and the development of the existing portfolio.
Contact:
Simon Telian, CEO
ir@advanced-blockchain.com
End of Inside Information
27-Sep-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
Language: | English |
Company: | Advanced Blockchain AG |
Scharnhorststraße 24 | |
10115 Berlin | |
Germany | |
Phone: | +4930403669510 |
Fax: | 030403669511 |
E-mail: | info@advancedblockchain.com |
Internet: | www.advancedblockchain.com |
ISIN: | DE000A0M93V6 |
WKN: | A0M93V |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1735171 |
End of Announcement | EQS News Service |
1735171 27-Sep-2023 CET/CEST