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Cibox Inter@ctive SA ( (FR:ALCBX) ) has shared an announcement.
Cibox Inter@ctive SA has announced the launch of a second tranche of equity financing amounting to 500,000 euros, aimed at supporting the ramp-up of its industrial site in Revin for the production of electric-assisted bicycles. This financing involves the issuance of bonds redeemable in shares, reserved for the company IRIS, and is expected to strengthen Cibox’s equity and support its production capacity. However, the operation may lead to a significant dilution of shares, potentially impacting shareholder value and creating downward pressure on the share price. Investors are advised to exercise caution due to the dilutive nature of this financing.
More about Cibox Inter@ctive SA
Cibox is a French technology company established in 1995, specializing in consumer electronics with a focus on electric micro-mobility products such as scooters and electric-assisted bicycles. The company designs, manufactures, and maintains products for short to medium-distance travel, and has developed its own product brands like Scooty and yeep.me. Cibox is listed on Euronext Growth Paris and achieved a turnover of 9.8 million euros in 2024.
YTD Price Performance: -16.67%
Average Trading Volume: 7,280
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €6.53M
Learn more about ALCBX stock on TipRanks’ Stock Analysis page.