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Codeaddict plans to issue PLN 50 million in stock

13:17

Codeaddict plans to issue PLN 50 million in stock
Source: Pixabay

Codeaddict plans to issue up to 104.3 million series L shares, which will be offered to Proacta shareholders in exchange for their shares in the company. The company also intends to issue series M shares without pre-emptive rights. The series L shares will be acquired by five individuals and two companies, RMW Capital and Formonar Investments Limited, at an issue price of PLN 0.5 per share.

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