This new tranche corresponds to 65 convertible notes with a nominal value of 10,000 euros each, representing a debt debenture of 650,000 euros, with attached warrants with an exercise price of 1.72euros. This new tranche of OCABSAYORKVILLE reinforces the cash position of Safe Orthopaedics. 335 OCABSAYORKVILLE may further be issued under the agreement with YA II CD, with a nominal value of 10,000euros each, representing a total debt debenture of 3,350,000 euros. Next Press Release: Q3 2016 revenue, October 13, 2016 (after market close) About Safe Orthopaedics Founded in 2010, Safe Orthopaedics is a French medical technology company that develops and markets an innovative range of sterile implants and associated single-use surgical instruments, with the aim of facilitating safer, optimized and lower-cost spinal surgery. By avoiding the reuse of surgical instruments, Safe Orthopaedics reduces the risk of infection, avoids the cumbersome and unreliable logistics of instrument sterilization, and limits hospital costs. Protected by 17patent families, the SteriSpine Kits are CE-marked and FDA cleared. interview skills in englishThe company is based at Eragny-sur-Oise (France), and has 34employees. For more information, visit: www.SafeOrtho.com 1 See the April 28, 2016 press release. 2 See the May 24, 2016 press release.
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