Visiomed Group SA (FR:ALVMG) has released an update.
Visiomed Group SA has effectively reduced its financial debt from €7.9 million to €5.7 million with the aid of its main shareholder, Perpetua Capital, by voiding interest payments and converting debt into equity. Perpetua Capital exchanged their loan for shares in the company by exercising stock options, thus reinforcing Visiomed Group’s investment potential.
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