Atari converts €10.3 million IRATA loans into 428,649 shares at €24 each
Reuters2026/08/17 06:05Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Atari converted €10.3 million of IRATA LLC loans into equity, issuing 428,649 new shares at EUR 24 per share.
- Private financial partner loans totaling EUR 5.6 million were also converted, issuing 235,088 new shares at EUR 24.
- Deal included a reserved cash raise of EUR 3.8 million via 157,762 new shares at EUR 24.
- Total issuance reached 821,499 shares; share capital rose to 3,739,310 shares.
- IRATA LLC stake increased to 42.63% of share capital; remaining IRATA loans outstanding totaled about EUR 62.7 million principal.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atari SA published the original content used to generate this news brief on August 17, 2026, and is solely responsible for the information contained therein.
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