Valoe pulls convertibles tranche, issues notes, warrants to Winance

By Marisa Wong

Los Angeles, Dec. 2 – Valoe Corp. has withdrawn its third convertible notes tranche of €500,000 and issued to Winance 500 convertible notes and 1 million warrants in total, according to a news release on Friday.

The withdrawal was made under the terms and conditions of a financing arrangement between Valoe and Winance announced on Dec. 20, 2018.

Valoe has also been periodically converting portions of its convertible notes into shares of the company at the request of Winance and transferring treasury shares to Winance, as previously reported.

Based in Mikkeli, Finland, Valoe specializes in clean energy, especially in photovoltaic technology.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.