on HOPIUM (EPA:ALHPI)
HOPIUM Finalizes Its Convertible Bond Financing
On November 18, 2024, Hopium announced the early call for the entirety of the last tranches of its convertible bond financing, amounting to €2.25 million. This drawdown, validated by Atlas Special Opportunities, terminates the financing agreement initially scheduled until January 2025. The resulting actions could lead to downward pressure on the share price due to the rapid market sell-off.
Hopium, a hydrogen specialist, is now focusing on commercializing its fuel cell and finding industrial partners. CEO Stéphane Rabatel thanks Atlas for their crucial support. An event in Montlhéry demonstrated the real capabilities of Hopium's technologies to potential partners and investors.
R. E.
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