on CIBOX (EPA:CIB)
Launch of the Second Tranche of CIBOX Financing
CIBOX announces the launch of its second tranche of equity financing, valued at €500,000. This amount will be raised through the issuance of 200 bonds redeemable for shares, reserved for IRIS. CIBOX is using this financing to support the industrial development of its Revin site, where production of electric bicycles will begin in April 2025 with a capacity of 200 units per day.
However, this transaction presents certain risks for investors, including downward pressure on the share price and potential dilution due to the issuance of numerous shares. These aspects require increased vigilance on the part of investors.
The terms of this new tranche have been adapted, authorizing two issues of 500,000 euros each, in order to guarantee increased flexibility in the financing operation initially launched in October 2024.
R. H.
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