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Baylin Technologies Inc. — Capital/Financing Update 2021
Jun 24, 2021
47166_rns_2021-06-23_a9399031-912a-4675-976d-dc8fd136cc1a.pdf
Capital/Financing Update
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Update on Baylin Technologies Convertible Debentures
TORONTO, June 23, 2021 /CNW/ - Baylin Technologies Inc. (the " Company ") announces that holders of $12,135,000 principal amount of its $17,250,000 6.5% Extendible Convertible Unsecured Debentures (the " Debentures ") have converted their Debentures into common shares of the Company at the reduced conversion price of $1.11, leaving $5,115,000 of the Debentures outstanding.
About Baylin
Baylin is a leading diversified global wireless technology company. Baylin focuses on research, design, development, manufacturing and sales of passive and active radio-frequency products, terrestrial microwave products, and services. Baylin aspires to exceed its customers' needs and anticipate the direction of the market. For further information, please visit www.baylintech.com.
SOURCE Baylin Technologies Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2021/23/c4665.html
%SEDAR: 00035077E
For further information: Kelly Myles, Marketing and Communications Director, Baylin Technologies Inc., [email protected]
CO: Baylin Technologies Inc.
CNW 18:00e 23-JUN-21