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Published on 1/10/2023 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Winmate bondholders have put option from Feb. 10 to March 22

By Mary-Katherine Stinson

Lexington, Ky., Jan. 10 – Winmate Inc. bondholders of its second domestic convertible bond may exercise their put option during the exercise period of Feb. 10 to March 22, according to a notice.

The bonds are putable on the two-year anniversary of issue on March 22 which is also the record date.

The purchase price will be 100.5.

The sellback payments are scheduled to be wired March 28, which is within five working days after the record date.

Capital Securities Corp. is the stock affairs agent.

Bondholders must inform the stock affairs agent in letter form within the exercise period of their intent to sell their bonds.

Taiwan-based Winmate develops advanced rugged, mobile technologies.


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