Light schedules Aug. 4 conversion of outstanding convertible debentures into common shares

Reuters2026/07/30 22:55

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Light set Aug. 4, 2026 to convert all outstanding debentures from its 1st issuance into common shares.
Automatic exercise of Convertible Debentures Subscription Warrants set for the same date; non-1:1 parity BSDC (LIGT11) extinguished.
Converted shares to be deposited to holders’ accounts from Aug. 4; unmatched accounts to receive book-entry delivery via Bradesco as registrar.
Lock-up applies for 30 months from conversion; phased releases total 15% on Feb. 4, 2027, 30% on Aug. 4, 2027.
Further releases lift tradable amount to 45% on Feb. 4, 2028, 60% on Aug. 4, 2028; 100% on Feb. 4, 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Light SA published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Light schedules Aug. 4 conversion of outstanding convertible debentures into common shares

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