Cicor Technologies Ltd. announced that it will receive CHF 60,188,000 in a round of funding on November 22, 2021. The company will issue mandatory convertible bond in the transaction. The mandatory convertible bond will be offered to all shareholders in proportion to their shareholding, subject to applicable capital markets restrictions. The company plans trading of the pre-subscription rights, if so approved by the stock exchange. The conversion price is planned to be CHF 47.50 per share. The convertible bond pays no interest. The issuance of the mandatory convertible bond is subject to a decision of an EGM to be held in December 2021. The payment date of the transaction is January 21, 2022 and maturity date of the bonds is January 21, 2027. The bonds are convertible into 1,330,375 shares at CHF 1,000 per share of mandatory convertible bond. The bonds are fully guaranteed by One Equity Partners.