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Published on 8/5/2020 in the Prospect News Convertibles Daily, Prospect News Green Finance Daily and Prospect News Liability Management Daily.

Valoe transfers 740,000 shares to Winance in latest conversion

By Taylor Fox

New York, Aug. 5 – Valoe Corp. approve the request of Winance to convert a €37,000 convertible notes portion of a commitment fee to shares in the company at a conversion price of €0.05 per share, according to a news release.

The conversion will be executed by transferring 740,000 treasury shares to Winance.

After the transfer, Valoe will have 616 total treasury shares.

The conversion is the latest in an ongoing series that began in May 2019.

Valoe specializes in clean energy, especially in photovoltaic technology, and is based in Mikkeli, Finland.


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