Brief: Gequity H1 Net Loss Widens To EUR 1.1 Mln

Bestbe Holding SpA

15/09/2023 06:31

Sept 15 (Reuters) - Gequity SpA  GEQ.MI :
    * REPORTED ON THURSDAY H1 NET LOSS EUR 1.1 MLN VS LOSS EUR
0.8 MLN
YEAR AGO
    * H1 REVENUE EUR 54,000 VS EUR 12,000 YEAR AGO
    * UBILOT SIGNS LETTER OF INTENT TO PROVIDE FINANCING TO
GEQUITY
FOR UP TO EUR 900,000 ON CONDITION OF CAPITAL HIKE FOR UP TO EUR
35 MLN
    * SIGNS LETTER OF INTENT WITH ALPHA BLUE OCEAN TO ISSUE
CONVERTIBLE BONDS FOR UP TO EUR 6 MLN

 Further company coverage:  GEQ.MI  

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