Brief: Creotech Instruments Starts ABB For Up To 650,000 Series M Shares
08/06/2026 16:28
BRIEF-Creotech Instruments Starts ABB For Up To 650,000 Series M Shares June 8 (Reuters) - Creotech Instruments SA CRI1.WA:
SIGNS PLACEMENT AGREEMENT FOR UP TO 650,000 SERIES M SHARES
OFFERING TO BE CONDUCTED VIA ACCELERATED BOOKBUILDING PROCESS
INTENDS TO ALLOCATE GROSS PROCEEDS TO IMPLEMENT ITS DEVELOPMENT STRATEGY FOR 2026-2029
TO ALLOCATE 20% TO 30% TO FINANCE POTENTIAL ACQUISITIONS, STRATEGIC PARTNERSHIP COSTS, INTERNATIONAL EXPANSION AND OPERATING COSTS
PLANS TO ALLOCATE 40% TO 60% OF SHARE ISSUE PROCEEDS TO PRODUCTION INFRASTRUCTURE CAPEX AND RD , 20% TO 30% OF TO TECHNOLOGY AND NEW SATELLITE PLATFORMS
Source text: ID:nEMb2fbsJa
Further company coverage: CRI1.WA
(Reporting by Gdansk Newsroom)
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