Ola Electric Sets Two-Call Structure for Discounted Rights Issue Ola Electric’s board has approved a rights issue that will be offered at a 26% discount. Shareholders wi...
Ola Electric’s board has approved a rights issue that will be offered at a 26% discount. Shareholders will be required to pay in two calls under the approved structure.
The board approval establishes the pricing discount and divides shareholder payments into two stages. The available information does not specify the total size of the issue, the issue price, or the payment dates.
The decision is the latest disclosed development concerning Ola Electric’s rights issue. Further details about the offering have not been provided.
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