debt
confidence high
sentiment neutral
materiality 0.40
Renalytix repays $1.06M of convertible bond with shares and ADSs
Renalytix plc
- Issued 2.275M ordinary shares and 4.641M ADSs to settle $1.06M principal and interest due July 7, 2024.
- Remaining convertible bond principal reduced to $11.66M from $12.72M.
- Shares issued under Section 3(a)(9) exemption; no registration.
- 11.56M new ordinary shares to be admitted to AIM on July 17, 2024.
- Post-Admission total ordinary shares: 165,925,513; each ADS represents two ordinary shares.