on TONNER DRONES (isin : FR001400H2X4)
TonnerDrones Reduces Its Debt by 2 Million Euros
TonnerDrones announced the conversion of €2 million of debt into shares, in partnership with one of its bondholders, through the exercise of share warrants (BSA) at €0.0300. This transaction represents a 10.1% premium over the average share price of the previous 20 days.
The issuance of 66,666,720 shares will improve the company's equity and reduce financial expenses. TonnerDrones' industrial partner becomes a new shareholder, while Diede van den Ouden retains approximately 11.3% of the shares.
TonnerDrones recently raised €1.5 million and is focusing on identifying market opportunities. The company is listed on Euronext Growth Paris.
R. E.
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