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
- 以每股3.00美元的价格将约420万美元的未偿债务转换为股权
- 通过韩国Captivision发行的私募债券筹集了约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.
迈阿密和首尔，2024年7月23日（GLOBE NEWSWIRE）——建筑媒体玻璃的先驱和制造商Captivision Inc.（“Captivision” 或 “公司”）（纳斯达克股票代码：CAPT）今天宣布对其资产负债表进行战略改进，从而增强其财务状况。
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").
债务到股权的转换
公司与其全资子公司Captivision Korea Inc.（“Captivision Korea”）的某些债权人（“出资协议”）签订了捐款协议（“出资协议”），根据该协议，出资人同意将与韩国Captivision达成的各种债务协议（“出资债务”）下的相应未清余额（“出资债务”）捐赠给公司，以换取该公司在债转股交易中发行普通股（“转换”）。
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，共向公司捐赠了5,791,867,301韩元（截至汇率计算日约为420万美元）的出资债务，以换取以每股转换价格等于3.00美元的共发行1,414,895股股票。