Qlife Holding AB enters into an addendum with the holders of the company’s convertible debentures and all outstanding convertible debentures are converted into shares
Qlife Holding AB (“Qlife” or the “Company”) has today entered into an addendum with the holders of the Company’s outstanding convertible debentures (the “Lenders”) that was issued on 3 August 2024 (the “Addendum”). In the Addendum, the parties have agreed to (i) lower the conversion rate of the convertible debentures from SEK 0.08 to SEK 0.00375 (the share’s quota value) and (ii) allow for conversion of the accrued interest. Further, through the Addendum, the Lenders have requested conversion of all outstanding convertible debentures with a total nominal value, including set-up fee and
