Pryme N.V. Raises EUR 4 Million via Share Placement

Pryme B.V. (DE:8XG) has released an update.

Pryme N.V. successfully completed a private placement, raising EUR 4 million by issuing new shares at a premium price. The funds will be utilized for optimizing their first plant, developing future plant sites, and general corporate purposes. The private placement structure allows for quick fundraising while maintaining shareholder value.

For further insights into DE:8XG stock, check out TipRanks’ Stock Analysis page.