{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"Urbanimmersive Announces Forced Conversion of Debentures - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"8tY7PjuYcQ\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/urbanimmersive-announces-forced-conversion-of-debentures\/\">Urbanimmersive Announces Forced Conversion of Debentures<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/urbanimmersive-announces-forced-conversion-of-debentures\/embed\/#?secret=8tY7PjuYcQ\" width=\"600\" height=\"338\" title=\"&#8220;Urbanimmersive Announces Forced Conversion of Debentures&#8221; &#8212; Market Newsdesk\" data-secret=\"8tY7PjuYcQ\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"PR Newswire SAINT-HUBERT, QC, March 9, 2021 \/PRNewswire\/ &#8211;\u00a0Urbanimmersive Inc. (&#8220;Urbanimmersive,&#8221; the &#8220;Company&#8221; or &#8220;UI&#8221;) (TSXV: UI) (OTCQB: UBMRF) is pleased to announce today having delivered a notice to force the conversion of the remaining principal amount of its 10.0% convertible debentures and accrued and unpaid interests. The terms and conditions of the convertible debentures enable the Company to force their conversion to common shares of the Company as long as the market performance of the Company&#8217;s stock price meets specific metrics described in the debenture indenture. Effective as of March 8th, 2021, these metrics were fully met, thus the Company is able to move forward with the forced conversions as described herein. By including the committed debenture conversions announced &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=MO03078&amp;sd=2021-03-09"}