Brief: Munic Announces Successful Capital Increase Of EUR 3.5 Mln

Munic SA

11/02/2022 07:25

Feb 11 (Reuters) - Munic SA  ALMUN.PA :
    * ANNOUNCES A SUCCESSFUL CAPITAL INCREASE THROUGH A PRIVATE
PLACEMENT OF EUR 3.5 M
    * MUNIC HAS ISSUED 1,102,625 NEW SHARES FOR A UNIT PRICE OF
EUR
3.2
    * A NOMINAL VALUE OF EUR 0.04 AND AN ISSUE PREMIUM OF EUR
3.16,
FOR A TOTAL GROSS AMOUNT OF EUR 3,528,400 REPRESENTING 12.29% OF
MUNIC SHARES OUTSTANDING AFTER CAPITAL INCREASE
    * CAPITAL INCREASE TO PROVIDE COMPANY ADDITIONAL MEANS TO
FINANCE
ROBUST GROWTH, SUPPORT ITS RESEARCH AND DEVELOPMENT SPENDING FOR
MUNIC.IO TECHNOLOGY LINKING SMART DONGLES TO EDGE COMPUTING AI
PLATFORM

Source text for Eikon:  ID:nACT73212 
Further company coverage:  ALMUN.PA 

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