Brief: Carmat Launches A EUR 10.3 Mln Capital Increase

Carmat SA

18/09/2024 06:19

Sept 18 (Reuters) - Carmat SA  ALCAR.PA :
    * CARMAT LAUNCHES A CAPITAL INCREASE FOR AN INITIAL AMOUNT
OF
€10.3 MILLION TO FINANCE ITS ACTIVITIES UNTIL AT LEAST THE END
OF 2024
    * CARMAT - INITIAL AMOUNT OF CAPITAL INCREASE MAY BE
INCREASED UP
TO EUR 11.8 MILLION IN CASE OF FULL EXERCISE OF EXTENSION CLAUSE
    * CARMAT - ISSUE PRICE OF NEW SHARES AT €1.60 PER SHARE
    * CARMAT - COMPLETION OF CAPITAL INCREASE TO ENABLE CARMAT
TO MAKE
FURTHER PROGRESS TOWARDS ACHIEVING SEVERAL GROWTH DRIVERS IN
2025
    * CARMAT - UP TO EUR 13.6 MILLION IN CASE OF FULL EXERCISE
OF
EXTENSION CLAUSE AND OVER-ALLOTMENT OPTION
    * CARMAT - AFTER THE OFFERING, THE COMPANY'S 12-MONTH
FINANCING
NEEDS, I.E. UP TO THE END OF SEPTEMBER 2025, WILL BE OF €36 TO
38 MILLION

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Further company coverage:  ALCAR.PA 

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