Aiforia Technologies Strengthens Liquidity with Share Issuance

Aiforia Technologies Oyj has successfully executed a directed share issuance, raising approximately €4.2 million through the issuance of 2 million new shares. These shares were issued at a 10% discount, helping to address the company’s short-term liquidity issues.

The new funds, together with reduced operational expenses, are expected to enhance Aiforia’s ability to generate sustainable cash flow. The recent change negotiations, which resulted in the reduction of eight employees, are projected to save €2.5 million annually starting in 2026. This strategic shift from product development to commercialization aims to drive future growth.

The recent financial maneuvers have also adjusted Aiforia’s cash burn projections. Whereas previously, it was expected to require €27.8 million until positive free cash flow was achieved, the updated estimate now stands at €19.1 million, with expectations of positive cash flow by 2029.