Brief: Neovacs: Fund Raising Of EUR 3 Million

Neovacs SA

23/11/2020 07:17

Nov 23 (Reuters) - Neovacs SA  ALNEV.PA :
    * FUND RAISING OF EUR 3 MILLION
    * PROCEEDS WILL BE USED TO FINANCE THE COMPANY'S STRATEGIC
PLAN,
I.E. 50% FOR THE KINOÏDE® RESEARCH PROGRAM ON ALLERGIES AND 50%
FOR THE INVESTMENT ACTIVITY
    * DRAWDOWN OF TRANCHE OF CONVERTIBLE BONDS (ORNANE), WITH
NOMINAL
VALUE OF EUR 1 MILLION, SUBSCRIBED BY HBR INVESTMENT GROUP
    * DRAWDOWN OF 2 TRANCHES OF CONVERTIBLE BONDS WITH WARRANTS
(OCEANE-BSA), WITH NOMINAL VALUE OF EUR 1 MILLION SUBSCRIBED BY
EUROPEAN HIGH GROWTH OPPORTUNITIES SECURITIZATION FUND

Source text for Eikon:  ID:nACT66232 
Further company coverage:  ALNEV.PA 

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