REG-Tonner Drones Strengthens Its Cash Position by €1.5 Million Through the Issuance of a traditional Bond with Warrants
Tonner Drones issued a €1.5 million traditional bond with attached warrants to Sitimo Ltd, boosting its cash position to pursue opportunities in the defense and drone sectors. The bond carries a 5% interest rate and matures on December 31, 2027, with Series A and B warrants struck at €0.028 and €0.032 respectively.
Key figures
- Deal Value Usd
- €1.5 million
- Max dilution
- 16%
- Bond maturity
- December 31, 2027
- Interest rate
- 5%
- Warrant a strike
- €0.028
- Warrant b strike
- €0.032
AI analysis
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