Atari converts IRATA loans into 428,649 shares at EUR 24 each

Reuters2026/08/16 21:35

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Atari converted €10.3 million of IRATA LLC loans into equity, issuing 428,649 new shares at €24 per share.
Private financial partner loans of €5.6 million were also converted, triggering 235,088 new shares at €24.
A reserved cash raise issued 157,762 shares for €3.8 million at €24, taking total new shares issued to 821,499.
Post-transaction share capital totals 3,739,310 shares; IRATA holds 42.63% of share capital, 42.82% of voting rights.
IRATA loans still outstanding total about €62.7 million in principal; talks continue on refinancing other private partner loans.

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. Atari SA published the original content used to generate this news brief on August 16, 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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Atari converts IRATA loans into 428,649 shares at EUR 24 each

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