Knox Energy Solutions AS – Signed agreement regarding convertible loan
(Oslo, 17 July 2024) Knox Energy Solutions AS (Knox, OSE: KNOX) has signed an agreement regarding a USD 0.5 million convertible loan with an international investor. The term of the loan is three years and the interest rate is 15% pa (only applied if the loan is not converted).The strike price is defined by the closing share price on July 16, plus 10%, at NOK 24.2 per share. The convertible loan is subject only to final documentation. For further information, please contact: Geir Aune, Chairman, ga@knox-energy.com About Knox | knox-energy.com Knox Energy Solutions AS is