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home / news releases / MRBLF - Marble Financial issues shares to bondholders as part of debt restructuring

MRBLF - Marble Financial issues shares to bondholders as part of debt restructuring

Marble Financial Inc

2023-04-12 09:51:00 ET

  • Financial technology company Marble Financial ( OTCPK:MRBLF ) said on Wednesday that it has issued 33.64M shares to certain bondholders, with the first tranche closed.
  • The debt restructuring will result in an aggregate of $5.77M in principal amount of TPF bonds and all accrued, unpaid and waived interest thereon, being settled through a combination of debt forgiveness and the issuance of Marble shares.
  • The software-as-a-service company is set to issue 10.65M shares in one or more future tranches.
  • Source: Press Release

For further details see:

Marble Financial issues shares to bondholders as part of debt restructuring
Stock Information
Company Name: Marble Financial Inc
Stock Symbol: MRBLF
Market: OTC
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