Valuno Converts SEK 25.48M Debt Into Equity, Diluting Shares About 41%
Valuno completed two fully subscribed set-off share issues, converting SEK 25.48 million of liabilities into 200 million new shares at SEK 0.1274. The share count rises to 483,417,548; the new shares are locked up for up to 24 months, with sale caps.
1274. The issues increased the share count to 483,417,548 and resulted in about 41% dilution. The new shares are subject to lock-up periods of up to 24 months, with strict limits on sales.