Circio Holding ASA: Requested Conversion of Convertible Bonds
Reference is made to Circio Holding ASA's (the "Company") outstanding convertible bonds as issued to Atlas Special Opportunities, LLC ("Atlas") under the Investment Agreement entered into between Atlas and the Company in March 2023. Atlas has, by a notice of conversion, requested conversion of convertible bonds with a nominal value of NOK 5,000,000 which, pursuant to the bond terms, are convertible into 8,287,750 new shares in the Company at a conversion price of NOK 0.6033. The Company's share capital will accordingly be increased by NOK 4,972,650.00 by the issuance of 8,287,750 new