Gaming Corps calls for the first tranche of €400.000 in the €2.8M financing agreement with Bracknor
Gaming Corps AB (Nasdaq: GCOR) has called upon the first tranche within the financing agreement entered with Bracknor Investment Group amounting to up to EUR 2.8 million in the form of seven convertible loans, each of EUR 400 000.The convertible loan has a mandatory conversion 12 months from issuance, at the latest. The conversion rate will be 90% of the lowest closing volume weighted average price (VWAP) during a 15 trading day period. The convertible loan is issued together with a subscription warrant package which entitles the lender to buy additional shares corresponding to 50% of