LightOn renews bond financing with up to EUR 4 million in issuance###
Bitget2026/09/23 17:52- LightOn launched a dual debt offering totaling up to EUR 4 million in nominal value via OC0928 convertible bonds, simple bonds.
- Immediate proceeds of EUR 1.84 million from the OC0928 issuance, subscribed at 92% of par with zero interest, no security.
- The simple bonds total EUR 1.84 million at par, zero interest, no security, funded in two tranches subject to liquidity conditions.
- Cash runway extended to September 2027 based on total subscription price of EUR 3.7 million.
- Bonds mature in 24 months, repaid at par if not converted; simple bonds repayable in cash or OC0928-style convertibles.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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