Mondo TV France Société Anonyme (BIT:MTF) announced a private placement of 250 convertible bonds at a price of €10,000 per bond for gross proceeds of up €2,500,000 on June 26, 2017. The transaction will include participation from Atlas special opportunities LLC and Atlas Capital Markets Limited. The transaction will be completed in tranches. The bonds are convertible into shares with excercisable period between April 1, 2018 and April 1, 2021.