Europlasma SA (FR:ALEUP) has released an update.
Europlasma SA has drawn the first two tranches of its €30M bond loan, resulting in the issue of 400 convertible bonds for a total nominal amount of €2M to support its growth and finance acquisitions. This strategic financial move includes the purchase of MG-Valdunes and the modernization of Europlasma Group’s subsidiaries, while also continuing its core green industry activities. However, the financing could lead to share price volatility and significant shareholder dilution.
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