02:21 AM EDT, 10/08/2026 (MT Newswires) -- INQ Group (INQ.ST) will issue 811,913,347 new shares at 0.06 kronor apiece to convert $5.4 million of principal and accrued interest related to a senior secured convertible loan. The process will reduce the digital writing company's principal outstanding under the loan to $1.6 million from $6.7 million, according to a Thursday release. The issuance will increase share capital to 191.4 million kronor. INQ noted that the conversion will deleverage its balance sheet, reduce future interest costs, and will support its strategy to implement commercial execution across products and partnerships.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.