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CONVERSION

This topic has 1 reply, 2 voices, and was last updated 1 year ago by LMR1006.

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May 31, 2024 at 12:27 pm #706308
salih@212
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SIR IS THERE ANY FINANCE RAISED WHEN THE CONVERSION TAKE PLACE
AND HOW IS IT WORKS
May 31, 2024 at 7:19 pm #706321
LMR1006
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Whilst conversion itself does not raise new finance, it alters the company’s financial structure by reducing debt and increasing equity, potentially improving the company’s ability to raise finance in the future.
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