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Tonner Drones takes 15% stake in MHM via ORA debt conversion at €0.01 per share

PUBT·09/10/2026 06:07:58
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Tonner Drones takes 15% stake in MHM via ORA debt conversion at €0.01 per share
  • Tonner Drones will convert ORA debt into 22,000,000 MHM shares at EUR 0.01, taking a 15% stake.
  • The move shifts Tonner Drones from creditor to core shareholder in a debt-to-equity restructuring intended to remove near-term liabilities at MHM.
  • MHM is running a EUR 1.1 million capital increase at EUR 0.01 per share, alongside EUR 0.48 million of ORA conversion.
  • Tonner Drones will keep about EUR 1 million of ORA outstanding, potentially convertible into about 95,000,000 shares at the same price.
  • Tonner Drones accepted a 90-day lock-up on its shares and ORAs, with an early release trigger at EUR 0.01.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tonner Drones SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609100205OMX_____CNEWS_EN_GNW1001261928_en) on September 10, 2026, and is solely responsible for the information contained therein.