Wyld Networks signs Alumni Capital convertible facility for up to SEK 20 million
Bitget2026/10/06 20:58Wyld Networks set a directed issue of convertibles and warrants with Alumni Capital, targeting gross proceeds up to SEK 20 million. Two tranches of SEK 10 million each, subject to Extraordinary General Meeting approval; first tranche due by Oct. 30, 2026. Each tranche carries a 10% original issue discount; principal amount SEK 11 million; no additional interest; 12-month maturity. Conversion price set at 85% of the lowest daily VWAP over the prior five business days, floored at SEK 0.09. Warrants issued free; up to 50,000,000 warrants; exercise price 125% of VWAP on announcement date; exercisable until year four. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wyld Networks AB published the original content used to generate this news brief via Cision (Ref. ID: 20261006:BIT:9904:0) on October 06, 2026, and is solely responsible for the information contained therein.
- Wyld Networks set a directed issue of convertibles and warrants with Alumni Capital, targeting gross proceeds up to SEK 20 million.
- Two tranches of SEK 10 million each, subject to Extraordinary General Meeting approval; first tranche due by Oct. 30, 2026.
- Each tranche carries a 10% original issue discount; principal amount SEK 11 million; no additional interest; 12-month maturity.
- Conversion price set at 85% of the lowest daily VWAP over the prior five business days, floored at SEK 0.09.
- Warrants issued free; up to 50,000,000 warrants; exercise price 125% of VWAP on announcement date; exercisable until year four.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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