Captivision Inc (CAPT) has released an update.
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Captivision Inc. enters into a debt contribution agreement with G-SMATT Europe Media Limited and Ho Joon Lee, wherein the contributor will exchange an outstanding loan balance for company shares. The deal involves the issuance of 39,594 shares by Captivision Inc. at $10.00 per share, resulting in the cancellation of the existing loans. Both the company and the contributor have made legal representations to validate the agreement, emphasizing compliance with laws and absence of conflicts or material adverse effects.
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