Tonner Drones to Gain 15% Stake in MHM Corporate via Debt Conversion

03:07 AM EDT, 09/10/2026 (MT Newswires) -- Tonner Drones (ALTD.PA) said Thursday it will participate in MHM Corporate's capital restructuring and partially convert existing debt into equity, gaining a 15% stake in the former. MHM Corporate is conducting a fully underwritten capital increase of 1.1 million euros at 0.0110 euro per share, along with a conversion of 480,000 euros of debt into equity at the same subscription price. The technology investor will convert a part of the debt into 22 million MHM Corporate shares. Following the completion of the transaction, Tonner Drones and its Chief Executive Officer Van den Ouden will each hold a 15% stake in MHM Corporate. MHM Corporate's total remaining equity-bound instrument liabilities will be 3 million euros after the issue, which will be entirely held by Tonner Drones and Ouden.