December 23, 2019 / 2:51 PM / a month ago

BRIEF-Switzerland’s Native SA Gives Update On Convertible Note

Dec 23 (Reuters) - Native SA:

* ANNOUNCES CLOSING OF SUBSCRIPTION OF CONVERTIBLE NOTE

* FINALIZED SUBSCRIPTION OF CONVERTIBLE NOTE BY WAY OF COMPENSATION WITH MAJORITY OF CREDITORS

* INTENDS TO BUILD ON THIS BASIS WITH A REVISED BUSINESS PLAN AND SUPPORTING RECAPITALIZATION TO BE FURTHER ANNOUNCED IN Q1 2020 Source text: bit.ly/2PPPGvF Further company coverage: (Berlin Speed Desk)

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