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End of Atlas Special Opportunities Funding for Sirius Media
Sirius Media, a specialist in audiovisual production, announces the end of its financing by convertible bonds with Atlas Special Opportunities. This financing, amounting to 2 million euros, has strengthened the company's financial structure.
The last bonds were converted into shares on February 20, 2025, marking the end of this financial support. This contributed to the launch of the animated film "Zak and Wowo, the Legend of Lendarys", currently broadcast on several VOD platforms in Europe, the United States and the United Kingdom.
Paul Amsellem, CEO, confirmed that this financing was transitional and expressed the company's commitment to improving its profitability. Negotiations are underway for an industrial stake, and new projects are expected to increase future revenues.
R. P.
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