TonnerDrones converts EUR 2 million debt into shares at EUR 0.03 via warrant exercise
Reuters2026/08/12 06:15Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Tonner Drones converted EUR 2 million of debt into equity via BSA exercises at EUR 0.03 per share.
- Issued 66,666,720 new shares to eliminate the EUR 2 million liability.
- Exercise price implied a 10.1% premium to the 20-day volume-weighted average price.
- Warrants outstanding fell by 66,666,720; the converted bond had been due on Dec. 31, 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tonner Drones SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608120215OMX_____CNEWS_EN_GNW1001257150_en) on August 12, 2026, and is solely responsible for the information contained therein.
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