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Cibox Inter@ctive SA ( (FR:ALCBX) ) has issued an update.
CIBOX has secured financing of 750,000 euros through convertible bonds from a concert shareholder, supporting its new development cycle. This financial backing coincides with CIBOX’s move to its final production site in Revin, with an initial capacity of 200 electric bicycles per day, marking a significant step in its industrial expansion and commitment to local manufacturing.
More about Cibox Inter@ctive SA
CIBOX is a French company specializing in electric micro-mobility, focusing on the production of electric-assisted bicycles. The company has established its industrial operations in Revin, France, to produce competitive and innovative mobility products tailored to the European market.
YTD Price Performance: -20.0%
Average Trading Volume: 9,947
Technical Sentiment Signal: Buy
Current Market Cap: €6.12M
Find detailed analytics on ALCBX stock on TipRanks’ Stock Analysis page.