Tonner Drones Ready to Relaunch - Seite 2

New investors can also buy PSR (FR001400ONI6) in the market to allow them to subscribe to the new shares. All investors can subscribe under ‘titre libre’ to buy shares at € 0.025 but those orders will only be executed in the event that not all PSR are used to subscribe to the rights issuance.

Please note that the PSR will have their last day of trading at the close of trading on 25 March. The Subscription Window, however, for those shareholders with PSR, will remain open until the close of trading on 27 March. Shareholders and investors are advised to speak their respective banks or other advisors regarding precise deadlines, as some financial institutions may have more restrictive deadlines.

In the press release of 12 March, a remaining debt of around € 6.25 million was communicated. This figure needs to be corrected because the participation of Ott Heritage was not taken into account when calculating it. Ott Heritage has committed to participating in the rights issuance for a minimum of € 1 million to maintain its 20% stake. As such, the remaining debt is only € 5.25 million. All debt has a long maturity.

As a final note, € 2.1 million of this outstanding € 5.25 million in debt is owed to legacy financing party Fiducie A, which is capped at 13.5% of the daily volume and has a monthly fixed conversion price to limit its influence on the stock market price.

All information can be found in the press release of March 12^th https://tonnerdrones.com/wp-content/uploads/2024/03/CP_Lancement_AK_DP ....
There is also a FAQ available:
https://tonnerdrones.com/wp-content/uploads/2024/03/FAQ_DPS_SiteWeb_To ...

About Tonner Drones: Tonner Drones (formerly Delta Drone) develops UAVs and associated technologies for the defense and homeland security sectors. Tonner Drones holds valuable stakes in some of France's leading civilian and military drone manufacturers. Tonner Drones’ strategy is to leverage its shareholdings in these companies through active asset management, a private equity fund, and by teaming up with other private equity funds to become a significant industry consolidator. Additional revenues can be achieved through royalties from patents held by Tonner Drones to recognized manufacturers. Tonner Drones does not plan on owning a factory; however, it is determined to retain R&D for its products and systems in France.