Adomos S.A. announced a private placement of 1,000 convertible bonds at an issue price of €10,000 per bond for gross proceeds of €10,000,000 on March 18, 2021. The bonds are convertible into the common shares of the company which are attached to share subscription bonds. The company will raise funding in eight tranches, first tranche of €3,000,000 and remaining seven tranches of €1,000,000 each. The transaction will include participation from Atlas Special Opportunities LLC. The seven other installments can be drawn at the initiative of company, at any time during the period of validity of the loan, i.e. 36 months from March 23, 2021, subject to the expiration of a period of 30 trading days since the last subscription by the Investor, the second tranche being able to be issued at the earliest after a period of 60 days following the subscription of the first tranche. The investor will receive commission of 3% of the total proceeds.

On the same date, the company raised its first tranche of €3,000,000 by issuing 300 bonds, to which are attached 2,178,649 BSAs each giving the right to subscribe to one share of the company at the exercise price of €0.459.