Brief: Spineguard H1 Revenue At 2.3 Million Euros

Spineguard SA

09/07/2020 07:06

July 9 (Reuters) - SPINEGUARD SA  ALSGD.PA :
    * H1 REVENUE 2.3 MILLION EUR
    * SPINEGUARD POSTS H1 2020 REVENUE
    * FIRST HALF 2020 REVENUE WAS EUR 2.3 M
    * COMPANY ESTIMATES THAT IT CAN FUND ITS NEEDS UNTIL
MID-2022
    * CASH POSITION AS OF JUNE 30, 2020 OF EUR 1.2 M PLUS
SECURED
EQUITY LINE FACILITY FOR EUR 2.4 M MEANS THAT TOTAL CASH
AVAILABLE TO COMPANY IS EUR 3.6 M
    * SPINEGUARD IS CONTINUING ITS DISCUSSIONS WITH ITS MAIN
CREDITORS
TO ARRANGE "VENTURE" DEBT AND FEI INNOVATION LOAN RESPECTIVELY

Source text for Eikon:  ID:nBw5fsDjXa 
Further company coverage:  ALSGD.PA 

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