Circio Holding ASA – Second Tranche of Convertible Bonds
Reference is made to the Investment Agreement entered into between Atlas Special Opportunities, LLC (“Atlas”) and Circio Holding ASA (the “Company”) in connection with the issue by the Company of convertible bonds (the “Agreement”) and the convertible bond issue approved by an extraordinary general meeting of the Company on 9 March 2023. The Company has today by a notice of exercise under the Agreement requested Atlas to subscribe and pay for the second tranche of convertible bonds. The parties have agreed to reduce the tranche size to NOK 21.5m, payable in three installments of NOK 7.5m,