Substrate AI-Class B - Issue of Convertible Bonds and Warrants
Announcement provided by
Substrate Artificial Inteligence S.A. Class B · SAI.B20/03/2024 16:00
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20 March 2024
SUBSTRATE ARTIFICIAL INTELIGENCE SOCIEDAD ANONIMA
("Substrate AI" or the "Company")
Issue of Convertible Bonds and Warrants
Substrate AI (AQUIS: 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 680 convertible bonds and 4,123,300 warrants under the Investment Agreement.
The Directors of the Company accept responsibility for the contents of the announcement.
For further information, please contact:
Substrate AI |
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Lorenzo Serratosa Chairman |
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First Sentinel Corporate Finance Corporate Advisors |
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Brian Stockbridge
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+44 (0) 7858 888 007
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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.
About Substrate AI: Substrate AI is an artificial intelligence company based in
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