The complete terms for the warrants in series BRIG TO 5 and the investment from Winance, announced on May 28, 2019, are now available on the company’s website.
The SFO Winance has undertaken to invest 15 MEUR in Brighter. The parties have agreed to divide the investment into three main transactions (described below) over a maximum of 36 months. Issuance of drawdowns is at Brighter’s discretion.
Transaction 1: EUR 3 million on signing date.
Transaction 2: EUR 3 million on a) either full repayment (issuance of Brighter shares), or if shorter b) 3 months from