InCoax has completed the previously announced set-off issue of convertibles
InCoax Networks AB (“InCoax” or the “Company”), which is listed on the Nasdaq First North Growth Market (“Nasdaq First North”), announces that the Company today has completed the set-off issue of convertibles to Stiftelsen Norrlandsfonden that was announced on 23 July 2020.The board of directors of InCoax has today, pursuant to the authorization granted by the Annual General Meeting on 30 June 2020, resolved on a set-off issue of convertibles to Stiftelsen Norrlandsfonden (“Norrlandsfonden”) on the terms and conditions announced on July 23, 2020. The background to the set-off issue is that