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Tuesday, October 05, 2021 4:07:07 PM
This is merely a recalculation of the shares that could be bought (on Reliefs request) under the SSF with the current SP. It was based on .016 CHF, the amount of shares would be even higher today...
Just check the link:
"Change in the information subject to the obligation to notify"
"Pursuant to a Share Subscription Facility agreement (SSF), GEM committed to provide up to CHF 50 million to RELIEF
THERAPEUTICS Holding SA in exchange for registered shares of RELIEF THERAPEUTICS Holding SA in the period from January 20, 2021, to January 20, 2024, at the discretion of RELIEF THERAPEUTICS Holding SA, subject to certain exceptions and limitations. No drawdowns have been made until September 1, 2021,resulting in a remaining balance of the full amount under the SSF of CHF 50 million. GEM's purchase position has been calculated using the closing price of the registered shares of RELIEF THERAPEUTICS Holding SA on SIX Swiss Exchange on September 1, 2021 (CHF 0.178) and applying the 10% discount agreed in the SSF (resulting in a share price of CHF 0.1602), by dividing the
remaining balance under the SSF of CHF 50 million by such share price of CHF 0.1602............ "
~Grid, Y@h00 RLFTF finance conversations
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