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Prenumeration
Beskrivning
Land | Sverige |
---|---|
Lista | Nordic SME Sweden |
Sektor | Finans |
Industri | Investeringar |
Stockholm, 23 May 2025— H100 Group (NGM: H100) has today entered into an LOI to establish a convertible loan facility with an undisclosed financial investor. The intended use for the proceeds is general corporate purposes and further expanding H100 Bitcoin treasury.
The loan is intended to be up to SEK 10 million, have 3-year duration and be convertible for the investor at any time at a conversion price of SEK 1.3 per share. If the H100 share trades at WVAP above 33% above the conversion price for more than an accumulated 60 days, H100 shall have the right to demand conversion of the loan.
The entering into of the final loan agreement is amongst other conditional on negotiation of final agreement, board approval in H100 and other approvals as may be.