ConvertibleExpired
10% Convertible Notes due 2024
K33-COWA
0.02 kr▲ 0.49%
BTC Holdings
141 BTC
Total Debt
0.00 kr
Leverage
0.0%
mNAV
2.92x
Outstanding
$0.00
Issue date
2023-02-23
Principal
$2.00M
Coupon
10.00%
Maturity
2024-02-23
Conversion price
0.04 kr
ITM Status
OTM (-44.6%)
- Up to USD 2M facility; actual drawn amount uncertain
- Maturity 12 months from first drawdown (date estimated)
Terms & Documentation
Terms
- BTC strategy
- No
- Settlement
- Shares
- Payment frequency
- Annual
- Rate type
- Step-up
- Rate reference
- 10% initial, step-up to 15% if strategic M&A transaction not pursued
- Use of proceeds
- M&A facilitation with COWA
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2024-02-23 | Repayment | $0.00 Fully repaid per Arcario Q1 2024 interim report |
| 2023-02-23 | Issuance | $2.00M Up to USD 2M; actual drawn amount uncertain |
- 2024-02-23 — $0Financials — Balance Sheet commentary
- 2023-02-23 — $2,000,000