BRIEF-FIT Biotech to issue 250 convertible notes, 2.9 mln warrants to Bracknor

BRIEF-FIT Biotech to issue 250 convertible notes, 2.9 mln warrants to Bracknor


26, 2016 convertible note and warrant programmes in order to implement convertible notes with warrants funding programme of up to 12.5 million euros between co and Bracknor Investment * Decided to withdraw fourth tranche of 250,000 euros included in programme and to issue to Bracknor total of 250 convertible notes and 2.9 million warrants Source text for Eikon: Further company coverage: * Says it will acquire 60.2 percent stake in a Wuhan-based biotechnology company at 44.1 million yuan in total * Sees net profit for FY 2017 Q1 to increase by 30 percent to 60 percent, or to be 10.8 million yuan to 13 million yuan



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