INQ Group Issues 43,750,000 Shares to Convert SEK 7 Million Debt Into Equity

PUBT · 1d ago
INQ Group Issues 43,750,000 Shares to Convert SEK 7 Million Debt Into Equity
  • INQ Group will issue 43,750,000 ordinary shares at SEK 0.16 each to convert SEK 7 million of convertible debt into equity.
  • A separate issue of 10,034,403 ordinary shares at SEK 0.1744 each will settle a trade payable through set-off.
  • The two share issues total 53,784,403 new ordinary shares, resulting in approximately 2.7% dilution.
  • A directed issue comprises 21,875,000 warrants, each exercisable for one new ordinary share at SEK 0.32 over 24 months.
  • Full exercise of the warrants would bring aggregate dilution to approximately 3.7%.


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