on METAVISIO (EPA:ALTHO)
Metavisio concludes a €50 million financing agreement
Metavisio, known as Thomson Computing, has finalized a financing agreement with American AI and Hardware Investments Ltd, reaching a total amount of €50 million. This contract includes the issuance of bonds redeemable in shares (ORA) attached to stock subscription warrants (BSA), allowing Metavisio greater control over drawdowns.
The first tranche, amounting to €6.3 million, will finance the cash requirements to honour orders in late 2024 and early 2025. However, shareholders are warned of the risks of dilution, with the company having exclusive control of the tranches, and potential pressure on the share price due to possible rapid sales of the new shares.
The transaction comes in a strategic context for Metavisio, aimed at supporting its international and technological development, while now including an increased dividend for its loyal shareholders.
R. H.
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