Gaming Corps proposes share issue to Svea Bank to convert SEK 2.34 million debt into equity
Bitget2026/10/14 15:20- Gaming Corps’ board proposes issuing up to 3,604,283 shares to Svea Bank at the November 2, 2026 extraordinary shareholder meeting.
- The additional directed share issue would offset approximately SEK 2.34 million in outstanding debt to Svea Bank, preserving cash.
- The SEK 0.65 subscription price matches two previously announced directed issues, a 17.7% discount to 30-trading-day VWAP through October 13, 2026.
- Full subscription would dilute shareholders by approximately 1.6%, based on the share count following the two previously announced issues.
- Full subscription of all three directed issues would result in approximately 33.4% total dilution.
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.
You may also like
New York Fed warns: Service sector input and sales prices surge, significant price pressure
A survey by the New York Federal Reserve shows that service sector input costs and prices in October rose sharply, while the business activity index fell to its lowest level since March. Businesses have turned pessimistic about the outlook, with increasing inflation and interest rate pressures.
Boeing (BA.US) Max 10 certification expected to be announced next week, adding new leverage for debt relief
The Boeing 737 Max 10 has completed key certification meetings and could be approved as early as next week. As Boeing's largest variant to rival Airbus, this model will help airlines replace aging 757s and is expected to become a cash cow for Boeing to reduce its debt.
Foreign holdings of US Treasuries rebounded in August, with UK holdings surpassing $1 trillion for the first time
In August, foreign holdings of U.S. Treasury bonds increased by over 83 billions USD, with Canada and Belgium leading the increase; meanwhile, holdings by Japan and China continued to decline to multi-year lows, and for the first time, the UK's holdings surpassed 1 trillion USD.
Strive's bitcoin holdings increased to 35,595, and TD Cowen raised its target price to $56.
Crypto prices
More
