INQ Group Converts SEK 7 Million Debt Into Equity

PUBT · 1d ago
INQ Group Converts SEK 7 Million Debt Into Equity
  • INQ Group will convert the entire SEK 7 million convertible loan tranche announced November 3, 2026, into equity.
  • The conversion entails 43,750,000 new ordinary shares at SEK 0.16 each, leaving approximately USD 1.55 million in outstanding convertible principal.
  • A separate issue of 10,034,403 ordinary shares at SEK 0.1744 each will settle supplier debt; neither share issue entails cash outflows.
  • Investors will receive 21,875,000 warrants exercisable at SEK 0.32 per ordinary share over 24 months, issued without consideration.
  • The share issues increase total shares to 2,013,702,667, implying approximately 2.7% dilution, rising to approximately 3.7% upon full warrant exercise.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. INQ Group AB (publ) published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611111730OMX_____CNEWS_SV_GNW1001303160_sv) on November 11, 2026, and is solely responsible for the information contained therein.