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Hipgnosis Pauses Plans for Issuing ‘Further Shares’ as Net Debt Cracks $550 Million | Concurrent Media
UK-based song-investment fund Hipgnosis dropped $260 million on song catalogs from April 1st through September 30th of this year, but with net debt having surpassed a staggering $550 million, the company doesn’t “intend to offer further shares for cash consideration” before March 30th, 2022. Hipgnosis revealed these and other noteworthy points in its newly released interim