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美元的價格將約420萬美元的未償債務轉爲股權
- 通過定向發行私募債券，Captivision Korea籌集了約220萬美元
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，邁阿密和首爾（全球新聞社）——Captivision公司（“Captivision”或“公司”）（納斯達克：CAPT），一家建築媒體玻璃的先驅和製造商，宣佈對其資產負債表進行戰略性改進，從而增強其財務實力。
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").
債務轉換爲股權
公司與其全資子公司Captivision Korea Inc.（以下簡稱“Captivision Korea”）的某些債權人（以下簡稱“出借人”）簽訂了出資協議（以下簡稱“出資協議”），根據出資協議，出資人同意將其在Captivision Korea的各種債務協議下尚未償還的餘額（以下簡稱“出資債務”）出資給公司，以換取公司通過債務轉股交易（以下簡稱“轉換”）發行股份。
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.
根據轉換，出資債務的約爲KRW 5,791,867,301（按匯率計算日期約爲420萬美元）被出資給公司，以換取公司發行了共計1,414,895股股份，每股轉換價格爲3.00美元。