Ikonisys S.A. announced that it has entered into an agreement to issue non-convertible note for the gross proceeds of ?0.5 million on August 3, 2023. The The note is issued at a price equal to 100% of its par value, and accrues interest at an annual rate of 10%. The duration of the note is 18 months from its date of issuance.

The company will have at any time the possibility to redeem the note. Repayment of principal and interest of the note will be made on the maturity date in cash.