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Polar Structure converts loan to Netmore into shares

Friday 11 June 2021 | 13:29 CET | News
Netmore Group has announced that Polar Structure has invoked the conversion of a convertible loan into series B shares in Netmore. This will dilute the number of Netmore shares by approximately 4.04 percent, and the number of votes by about 2.52 percent. In September, Netmore agreed the convertible loan of SEK 30 million and on 01 June, a Netmore EGM agreed to let Polar Structure convert it early.

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Categories: Mobile & Wireless / Mobile & Wireless
Companies: Netmore
Countries: Sweden
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