LONDON (Alliance News) - MySQUAR Ltd said Friday it has received notice of the conversion of GBP100,000 convertible bonds into 9.2 million shares at a conversion price of 1.08 pence per share.
Shares in MySQUAR closed up 10.2% at 1.35p on Friday.
The Myanmar-language social media platform company said trading in the conversion shares will begin on or near July 26.
Following admission the company will have 873.6 million shares in issue.