Valoe converts €100,000 convertibles to shares at Winance’s request

By Taylor Fox

New York, Nov. 20 – Valoe Corp. approved a request of Winance to convert €100,000 of convertible notes to shares of Valoe at a conversion price of €0.04 per share, according to a news release.

The conversion will be executed by transferring 2.5 million treasury shares to Winance.

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

After the transfer, Valoe will have 9,415,616 total treasury shares.

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

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