Cibox Inter@ctive SA (FR:ALCBX) has released an update.
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Cibox Inter@ctive SA has established a renewable equity financing line of up to €2 million, utilizing redeemable bond warrants to support its Revin industrial site’s growth. While this move aims to bolster production of electric micro-mobility products, it may result in share price volatility and dilution, cautioning investors about potential investment risks. The financing will enhance Cibox’s market presence in France and Europe by expanding its manufacturing capabilities.
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