Ikonisys SA announced the agreement for a new financing via the issuance of a EUR 0.5 million non-convertible Note subscribed by LPE II LP, a Limited Partnership registered in Scotland and managed by Columbia Threadneedle Investments. The net proceeds of EUR0.5m will be used to support the Company's financial flexibility in the context of the successful deployment of the commercial strategy. The Note is issued at a price equal to 100% of its par value, amounting to EUR0.5m and accrues interest at an annual rate of 10%.

The duration of the Note is 18 months from its date of issuance (the Maturity Date). The Company will have at any time the possibility to redeem the Note. Repayment of principal and interest (unless redeemed earlier by the Company) of the Note will be made on the Maturity Date in cash.