(Tiper Stock Exchange) – RedFish LongTerm Capital (RFLTC), industrial holding company listed on Euronext Growth Milan, ha converted the 2022-2025 Solid World Warrants into ordinary shares by Solid World Group. RFLTC exercised the right to convert the 1,044,697 warrants, in the ratio of 1 share for every 2 warrants held at a price per conversion share of 2.20 euros, for a total of 522,348 ordinary shares of Solid Word, simultaneously paying the relative price total exercise amount of 1,149,166.70 euros.
Following the conversion, RFLTC will hold 1,236,348 ordinary shares of Solid World Group; the effective amount of the new investment will be determinable only at the end of the first exercise period of the warrants scheduled for July 31, 2023.
“Just one year after our first investment in Solid World we decided to increase our stake with this operation, convinced of the quality of the strategy of the company – commented theTO Andrea Rossotti – We are confident that this second investment will also meet our expectations”.