TIE Kinetix Receives Full Loan Repayment Provided Upon Divestiture of TCMA Applications
TIE Kinetix has received full repayment of the loan provided upon the divestiture of its TCMA applications (transaction from August 2020). The loan proceeds of € 3 million will be added to the company’s cash reserves.TIE Kinetix has issued 20.284 shares for a total consideration of € 141.988, bringing the total number of issued shares to 1.655.549. The shares have been issued following the conversion of warrants. The total number of warrants outstanding amounts to 295.728.