Vergnet sets up bond financing with Atlas Capital Markets

Vergnet announced the establishment of a bond financing of up to €8.9 million in the form of convertible bonds (OCA). This financing is structured in six tranches, with an initial fundraising quasi-proportional facilitated by Atlas Capital Markets. The company, which specializes in renewable energies, is using this fund to support its economic development, while continuing to explore less dilutive financing solutions.

Shares resulting from this conversion may be quickly resold, creating downward pressure on the share price and potential dilution for shareholders. Investors are cautioned about the risks associated with these transactions. The maximum net proceeds from this offering could reach €8.046 million after deduction of expenses. The transaction could also significantly dilute the stake of current shareholders.