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Acceleware closes $2.4M debt restructuring with share and warrant issuance.
Acceleware Ltd. (TSXV: AXE) has closed a debt restructuring involving the issuance of 12.7 million common shares and warrants, totaling approximately $2.4 million.
This is followed by the first tranche of $1 million in replacement debentures convertible into shares.
The company faces a potential mandatory conversion if the stock price rises significantly.
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Acceleware cierra una reestructuración de deuda de $2.4M con la emisión de acciones y órdenes.