xReality Group (ASX:XRG) entered into a conditional debt repayment and subscription agreement with its largest shareholder, Birkdale Holdings, in relation to its AU$4.6 million loan to the latter, according to a Wednesday filing with the Australian bourse.
The company plans to convert the loan facility into nearly 92.6 million fully paid ordinary shares at a subscription price AU$0.05 apiece via a placement, representing a 39% premium to the last closing price. The proposal is subject to shareholders' approval at the general meeting on April 30.
The enterprise software developer's shares were up 6% in recent trade.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。