AwoX S.A. (ENXTPA:AWOX) announced a private placement of convertible bonds with warrants for gross proceeds of €1,000,000 on May 28, 2018. The transaction will include participation from Bracknor Fund Ltd, a fund managed by Bracknor Capital LTD. The company will issue bonds in five tranches. The transaction will close by the end of 2018. The company announced that it has issued 40 OCABSAs for gross proceeds of €400,000 in its first tranche. The company also issued 90,909 warrants, with an exercise price of €2.20.