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"; ORNAN Contracts - Delta Drone cross

Synopsis –  ORNAN – December 2019

Number of convertible bonds300
Shares created (bonds conversion)129 203 508
Potential warrants27 587 449*
Exercised warrants0
Total Fund raised3 M€
  • All warrants are in circulation. 16 949 153 warrants can be exercised until December 2023 at a price of €0.02 (€0.059 originally), taking into account a calculated adjustment, in accordance with the contract, generated by the issue of convertible bonds in May 2020.
  • 10 638 297 warrants can be exercised until January 2024 at a price of €0.020 (€0.047 originally), taking into account a calculated adjustment, in accordance with the contract, generated by the issue of convertible bonds in May 2020.
  • Characteristics of the warrants

ORNAN contract is closed (except warrants).


Synopsis –  ORNAN – April 2020

Number of convertible bonds1000
Shares created (bonds conversion)
Potential warrants (instalment 1)
Exercised warrants
Total Fund raised

 *The warrants in instalment 1 can be exercised until April 2024 at a price of €0.020 (€0.034 originally), taking into account a calculated adjustment, in accordance with the contract, generated by the issue of convertible bonds in May 2020.

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