Boostheat SAS (FR:ALBOO) has released an update.
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BOOSTHEAT has completed its final round of fundraising, securing €175K from Impact Tech Turnaround Opportunities, with the issuance leading to a potential increase in share count and subsequent dilution for existing shareholders. The company is exploring new financing opportunities to support its operational plans and has raised a total of €7,820,000 through this financing line to date. Investors are cautioned about the risks of capital loss and share dilution due to the nature of these financial operations.
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