Substrate Artificial - Issue of Convertible Bonds and Warrants
Announcement provided by
Substrate Artificial Inteligence S.A. · SAI18/01/2024 12:00
18 January 2024
SUBSTRATE ARTIFICIAL INTELIGENCE SOCIEDAD ANONIMA
("Substrate AI" or the "Company")
Issue of Convertible Bonds and Warrants
Substrate AI (AQUIS: SAI/SAI.B) announces its thirteenth issuance of 50 Bonds convertible into class A shares of the Company for an aggregate nominal amount of
This issuance relates to the investment agreement dated 15 June 2022 (the "Investment Agreement") entered into with GCFO15, a financial vehicle managed by Alpha Blue Ocean ("ABO"), by which the Investor committed to providing a facility of up to
Following this issuance, the Company has issued 630 Convertible Bonds under the Investment Agreement.
On 17 May 2023, the Extraordinary General Meeting of Shareholders passed the resolution to delegate to the Board of Directors the power to issue convertible bonds into shares of the Company for a maximum nominal amount of
The Directors of the Company accept responsibility for the contents of the announcement.
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
For further information, please contact:
Substrate AI |
|
Lorenzo Serratosa Chairman |
|
First Sentinel Corporate Finance Corporate Advisors |
|
Brian Stockbridge
|
+44 (0) 7858 888 007
|
About Substrate AI: Substrate AI is an artificial intelligence company based in
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.