Mauna Kea Technologies: Successful Financial Restructuring

Mauna Kea Technologies has announced the successful completion of its financial restructuring and a €6.1 million capital increase. The transaction, approved by the Paris Commercial Court, reduces the company's debt from €40 million to €12 million. The remaining debt will be repaid over a period extending to 2035.

The capital increase provides Mauna Kea with financial visibility until the second half of 2027. It comprises a capital increase reserved for specific investors, an offering via PrimaryBid, and a subscription for the EIB. The issuance of shares and warrants has raised the necessary funds to support the company's future growth.

The restructuring aligns Mauna Kea with a growth trajectory, reinforced by the increasing adoption of its products worldwide.