Invesque (TSE:IVQ) has released an update.
Invesque Inc. has proposed significant changes to its financial instruments, seeking to amend the terms of its Convertible Unsecured Subordinated Debentures and exchange Preferred Shares for Common Shares. The amendments include an exchange of debt for a combination of new amended debentures and Common Shares at a premium price, as well as a revised definition for ‘Change of Control’ to exclude the Preferred Share Exchange.
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