RE: Atlas23 May 2018 13:00
Warrants are extra; convertible bonds(2.1 million) + warrants!
MySQUAR has agreed to issue today �2.11 million (approximately US$3.0 million) (gross) of unsecured convertible bonds (the "Convertible Bonds") to UK based fund, Atlas Capital Markets Limited (the "Investor"). As part of the package of funding provided by the Investor, in addition to the Convertible Bonds issued on 7 March 2018, the Investor has also been granted warrants with an initial exercise price of �633,000 for 20,095,238 ordinary shares in MySQUAR (the "Warrants"). The Convertible Bonds and the Warrants together represent the package for the �2.11 million fundraise from the Investor (the "Fundraise").