Issuance of convertible notes and warrants to L1 Capital and free warrants to existing shareholders with renewed terms 1:14
Pursuant to the authority granted by the general meeting held on 10 November 2017, the board of directors in Bayn Europe AB (publ) ("Bayn" or "the Company") has resolved to issue 60 convertible notes with warrants attached in the Company, not applying the shareholders' pre-emption rights pursuant to the agreement with European Select Growth Opportunities Fund publicized on 25 October 2017. The 60 convertible notes constitute the first tranche of SEK 3 million out of the total commitment of SEK 20 million. In connection with the transaction, the board of directors will also issue free