Captivision Converted ~$4.2M Of Outstanding Debt Into Equity At A $3.00 Price Per Share; Raised ~$2.2M Via A Private Placement Bond Issuance By Captivision Korea
Captivision Converted ~$4.2M Of Outstanding Debt Into Equity At A $3.00 Price Per Share; Raised ~$2.2M Via A Private Placement Bond Issuance By Captivision Korea
- Converted Approximately $4.2 Million of Outstanding Debt into Equity at a $3.00 Price per Share
- Raised Approximately $2.2 Million via a Private Placement Bond Issuance by Captivision Korea
- 按每股3.00美元的价格将约420万美元的未偿债务转为股权
- 通过定向发行私募债券，Captivision Korea筹集了约220万美元
MIAMI and SEOUL, July 23, 2024 (GLOBE NEWSWIRE) -- Captivision Inc. ("Captivision" or the "Company") (NASDAQ:CAPT), a pioneer and manufacturer of architectural media glass, today announced strategic improvements to its balance sheet, resulting in a strengthening of its financial position.
2024年7月23日，美国迈阿密和韩国首尔，全球新闻社——先驱和建筑媒体玻璃制造商Captivision Inc.（“Captivision”或“公司”）（纳斯达克证券交易所代码：CAPT）宣布其资产负债表的战略改进，从而加强了其财务状况。
Debt-to-Equity Conversion
The Company entered into contribution agreements (the "Contribution Agreements") with certain creditors (the "Contributors") of its wholly owned subsidiary, Captivision Korea Inc. ("Captivision Korea"), pursuant to which the Contributors agreed to contribute the respective outstanding balances remaining under various debt agreements with Captivision Korea (the "Contributed Debt") to the Company in exchange for the issuance by the Company of its ordinary shares in a debt to equity conversion transaction (the "Conversion").
债务转换为股权
公司与其全资子公司Captivision Korea Inc.（以下简称“Captivision Korea”）的某些债权人（以下简称“出借人”）签订了出资协议（以下简称“出资协议”），根据出资协议，出资人同意将其在Captivision Korea的各种债务协议下尚未偿还的余额（以下简称“出资债务”）出资给公司，以换取公司通过债务转股交易（以下简称“转换”）发行股份。
Pursuant to the Conversion, an aggregate of KRW 5,791,867,301 (approximately $4.2 million as of the exchange rate calculation date) of Contributed Debt was contributed to the Company in exchange for the issuance of an aggregate of 1,414,895 shares at a conversion price per share equal to $3.00.
根据转换，出资债务的约为KRW 5,791,867,301（按汇率计算日期约为420万美元）被出资给公司，以换取公司发行了共计1,414,895股股份，每股转换价格为3.00美元。