Carmat launches new capital increase for 10.3 million euros

Carmat SA

18/09/2024 06:29

Sept 18 (Reuters) - Artificial heart maker Carmat
 ALCAR.PA  on Wednesday announced the launch of a new capital
increase for an initial amount of 10.3 million euros ($11.45
million). 
    The French group, which has launched a series of capital
increases since September 2023, after flagging supply chain
issues that threatened its survival, said the funding will
support its activities until at least the end of 2024. 
    The issue price of new shares is 1.60 euros per share.
    
    ($1 = 0.8994 euros)

 (Reporting by Stéphanie Hamel; Editing by Tom Hogue)
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