BRÈVE

sur CABASSE GROUP (EPA:ALCG)

Success of VEOM Group's capital increase: €1.1 million raised

VEOM Group, European leader in Smart Home, announced the success of its capital increase with maintenance of preferential subscription rights (DPS). The operation, which took place from May 31 to June 13, 2024, made it possible to raise 1.1 million euros through the issue of 4,391,088 new shares at a price of €0.25 per share.

Overall demand reached 1.3 million euros, representing an oversubscription rate of 116%. This fundraising will allow VEOM Group to strengthen its balance sheet, suspend its dilutive financing contract and accelerate the marketing of new home automation and video security products.

The settlement-delivery and listing of the new shares will begin on June 19, 2024. Thus, VEOM Group is in a better position to capture growth opportunities and improve its profitability, in particular through a cost reduction plan.

R. P.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de CABASSE GROUP