Brief: Carmat Completes Its EUR 10.3 Mln Capital Increase

Carmat SA

30/09/2024 06:24

Sept 30 (Reuters) - Carmat SA  ALCAR.PA :
    * ANNOUNCES COMPLETION OF ITS CAPITAL INCREASE FOR A GROSS
AMOUNT
OF EUR 10.3 MILLION (NAMELY 100% OF INITIAL OFFER)
    * NET PROCEEDS OF EUR 9.4 MILLION, ENABLING CARMAT TO EXTEND
ITS
CASH RUNWAY UNTIL EARLY 2025
    * TO CONTINUE ITS PROGRESS TOWARDS ACHIEVING SEVERAL GROWTH
CATALYSTS IN 2025
    * AFTER OFFERING, COMPANY'S 12-MONTH FINANCING NEEDS, I.E.
UP TO
END OF SEPTEMBER 2025, STANDS AT ABOUT EUR 36 MILLION

Source text for Workspace:  ID:nBw8V9TwTa 
Further company coverage:  ALCAR.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587 785 110;))