Scienza e Tecnologia
Tonner Drones receives €2,5M from regular bond issuance
Tonner Drones has recently completed a restructuring and refinancing process and is now embarking on a growth path. The company is pleased that this process is being recognized by the industry and is delighted that an industrial partner has agreed to support the company. Both companies recognize the benefits of collaboration in the drone sector.
Diede van den Ouden, CEO, said.
The regular bond has a maturity until 31-12-2027, to be reimbursed in cash and will bear 4% interest. The bondholders will receive warrants for the same amount of the bond. These warrants have an exercise price of €0,030, a premium of approximately 11% to the 10-day VWAP. BSA has ratio of 1 and maturity of 31-12-2029. Exercise of BSA could generate €2,5M in cash with 14,1% dilution. CEO van den Ouden contributed for €300.000 to this bond.
End of Press-Release.
More information at www.tonnerdrones.com / contact@tonnerdrones.com
Warning
Regarding the merits of any transaction or the making of any investment decision. It does not constitute or include any confirmation or commitment by Tonner Drones (or any other person) regarding the present or future value of Tonner Drones ' business, its securities, its subsidiaries or any other assets of Tonner Drones .
This press release contains forward-looking statements based on current beliefs and expectations regarding future events. These forward-looking statements may include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and/or expectations regarding future financial results, events, operations and services. and product development, as well as statements regarding performance or events. These statements are generally identified by the terms "expect", "anticipate", "believe", "intend", "estimate", "plan", "project", "may", "should" or the negative form of these and other similar expressions. These statements are not guarantees of future performance and are subject to inherent risks, uncertainties and assumptions regarding Tonner Drones and its subsidiaries and investments, trends in their businesses, future capital expenditures and acquisitions, developments relating to contingent liabilities, changes in global economic conditions or Tonner Drones ' principal markets, competitive market conditions and regulatory factors. The realization of these events is uncertain; their outcome could turn out to be different from that envisaged today, which is likely to significantly affect the expected results. Actual results may differ materially from those anticipated or implied in these forward-looking statements. Any forward-looking statements contained in this press release are made as of the date of this press release. Except as required by applicable law, Tonner Drones undertakes no obligation to revise or update any forward-looking statements, taking into account new information or future events.
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