Mondo TV SpA (IT:MTV) has released an update.
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Mondo TV has announced the conversion of two bonds by CLG Capital, amounting to a total value of 250,000 euros, as part of an ongoing investment agreement. This conversion will result in the issuance of 1,924,044 ordinary shares, representing about 2.8% of the current share capital, although the actual issuance of shares will be postponed until the closure of a loan agreement. Mondo TV, a leader in TV and film production, remains listed in the Star segment of Borsa Italiana.
For further insights into IT:MTV stock, check out TipRanks’ Stock Analysis page.
