Investegate |Nabis Holdings Inc. Announcements | Nabis Holdings Inc.: Nabis Holdings Inc. Provides Important Update on Implementation of Proposal
n y”) is providing an important update to the Company’s previously announced proposal (as amended from time to time, the “ Proposal”) under the Bankruptcy and Insolvency Act (Canada), pursuant to which the Company will implement a recapitalization of the Company’s outstanding CDN$35 million principal amount of 8.0% unsecured convertible debentures (the “ Debentures”) and all other debts of the Company (the “ Recapitalization”). Further to the Company’s news release dated January 4, 2021, the Company intends on implementing the Proposal on or prior to January 29, 2021 (the...
Source: investegate.co.uk