(Boursier.com) – Adthink , which should become NFTY at the end of the next General Meeting on January 11, 2022, intends to set up with Alpha Blue Ocean, an amortizing bond loan for a maximum amount of 3 million euros over 3 years , can be mobilized in increments of 750 kE.
For each tranche, Adthink would issue OCAA (Bonds Convertible into Depreciable Shares not bearing interest) which would be subscribed at 95% of their nominal value. The issue price of the new shares resulting from the conversion of OCAA bonds would be equal to the lowest average price weighted by the volumes of the Adthink share on Euronext Growth Paris during the 15 trading sessions preceding their issue ( no discount).
For each tranche, the Investor would limit the total nominal value of the OCAA converted monthly to 100 kE, and would limit himself daily to selling the new shares thus issued within the limit of 20% of the volumes traded.
In the context of the current market parameters, the execution of the proposed transaction should not have a negative impact on the share price of the company.
“This innovative financing solution will make it possible to meet the specific needs of Adthink by aligning the interests of each party with those of the existing shareholders. The net proceeds of the issue will be allocated to the general needs of the Group, to the working capital required to accelerate the our performance advertising activities as well as the technical and commercial development of our new NFT marketing services “, comments Jonathan Métillon, CEO of Adthink.
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