WM Capital S.p.A. announced that it has entered into purchase agreement for the private placement of 12,000 convertible bonds with a par value of €10,000 each for gross proceeds of €12,000,000 on March 28, 2022. The transaction will include participation from Golden Eagle Capital Advisors, Inc. The company will issue of 11 tranches, of which the first from €2,000,000, and the remainder from €1,000,000 each, against a 5% commitment fee for a maximum amount of €600,000, spread periodically through the use of a restricted current account into which an amount equal to €180,000, subtracted from the amount paid by GECA following the drawing by the company of the first tranche issued, in order to guarantee the investor the collection of a minimum annual fee equal to €180,000. Each bond will have a maximum duration of 12 months, starting from the date of issue of the same, and will be converted, or partially redeemed - up to a maximum of 33% of the equivalent, in any case within the aforementioned maximum duration.