Carmat falls 25% after capital increase

Carmat SA

17/05/2024 09:52

** Shares in French artificial heart maker Carmat  ALCAR.PA 
plunge nearly 25% following its 16 million euro capital increase
at 3 euros per new share
    ** That is a discount of 24.8% compared to Thursday's close
of 3.99 euros
    ** With this second increase this year, Carmat has financial
visibility until August, Portzamparc's analyst Mohamed Kaabouni
writes in a note to clients
    ** The group will need 30 million euros more to have a
12-month cash horizon, Kaabouni adds 


 (Reporting by Dagmarah Mackos)
 ((dagmarah.mackos@tr.com))