Brief: Forsee Power Launches Capital Increase Of About EUR 50 Mln

Forsee Power SA

25/04/2023 17:22

April 25 (Reuters) - Forsee Power SA  FORSE.PA :
    * LAUNCH OF A CAPITAL INCREASE TO FINANCE THE ACCELERATION
OF ITS
COMMERCIAL, INDUSTRIAL AND TECHNOLOGICAL DEVELOPMENT
    * CAPITAL INCREASE: AMOUNT OF APPROX €50 MILLION, WHICH MAY
BE
INCREASED UP TO €57.5 MILLION IN CASE OF FULL EXERCISE OF UPSIZE
OPTION1
    * PRIORITY SUBSCRIPTION PERIOD AND PUBLIC OFFERING OPEN FROM
APRIL
26TH, 2023 UNTIL APRIL 28TH, 2023 (INCLUSIVE) AT 17.00 (PARIS
TIME)
    * SUBSCRIPTION PRICE TO BE SET AT €2.79 PER NEW SHARE
    * SUBSCRIPTION COMMITMENTS FROM EXISTING SHAREHOLDERS AND
NEW
INVESTORS TOTALING €33.3 MILLION
    * CAPITAL INCREASE WILL LEAD TO THE ISSUANCE OF 17.9 MILLION
NEW
SHARES, WHICH MAY BE INCREASED TO 20.6 MILLION NEW SHARES

Further company coverage:  FORSE.PA 

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