Tonner Drones issues free BSA to all shareholders

Core Viewpoint - Tonner Drones is issuing free share subscription warrants (BSA 2025-3) to all shareholders, with specific details on the issuance and exercise outlined in the press release [2][3][6]. Summary by Sections Issuance Details - The BSA 2025-3 will be allocated free of charge on October 22, 2025, to all shareholders who hold shares as of October 17, 2025 [2][12]. - A total of 592,654,821 TDBS3 will be issued, potentially leading to the issuance of 59,265,482 new shares [6][13]. - The gross proceeds from the full exercise of TDBS3 are estimated to be €1,896,494.42 [6][13]. Exercise Terms - Each holder can exercise 10 TDBS3 to purchase one new share at a price of €0.032 [3][13]. - The exercise period for BSA 2025-3 runs from October 22, 2025, to December 29, 2028 [13]. - A minimum of 100,000 TDBS3 must be exercised per request [3][13]. Trading and Registration - TDBS3 will be tradable on the exchange under the ISIN code FR0014012ZX8 starting from October 22, 2025 [3][12]. - The registration date for BSA 2025-3 is set for October 21, 2025, for shares purchased by the last purchase date [4]. Company Overview - Tonner Drones focuses on developing technologies for the logistics sector and holds stakes in promising French drone manufacturers [8]. - The company aims to enhance the value of its investments through active asset management and does not plan to own a factory, but will retain R&D in France [8].