Jun. 13 at 8:17 PM
$LOOP
Key terms of the €10 million convertible preferred security include:
13% PIK dividend rate
5-year term
Convertible to Loop common stock at
$4.75 per share or redeemable in cash
https://www.reed-management.com/en/news/loop-industries-financing-reed-societe-generale-infinite-loop-europe
I’m sorry you are illiterate, @DaSqueeza