debt
confidence high
sentiment neutral
materiality 0.25
Renalytix repays $1.06M of convertible bond via ADS issuance; principal reduced to $15.9M
Renalytix plc
- Repaid $1.06M of convertible bond by issuing 526,211 American Depositary Shares (1,052,422 ordinary shares).
- Remaining principal under the convertible bond after settlement is $15.90M.
- New ordinary shares admitted to trading on AIM effective July 19, 2023.
- Post-admission total ordinary shares outstanding: 94,833,900.
- Announcement corrects prior figure for principal remaining from earlier release.