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An update from Cybergun SA ( (FR:ALCYB) ) is now available.
CYBERGUN has successfully initiated a judicial recovery process for its subsidiary, VERNEY-CARRON, approved by the Commercial Court of Saint-Etienne. This move is part of a strategic plan to merge VERNEY-CARRON with a major global small-caliber weapons firm, following the restructuring of its banking and real estate debt. The judicial procedure includes a 6-month observation period to facilitate the continuation of operations, settling liabilities, and completing the merger. The outcome is significant for CYBERGUN’s future positioning and stakeholders, with a status update expected in April 2025.
More about Cybergun SA
Founded in 1986, CYBERGUN is a global expert in shooting, historically focused on the Civil and Recreational segment, including Airsoft and Airgun. Since 2014, it has expanded into a Military division for armed forces and police training. CYBERGUN is recognized as an ‘Innovative Company’ by Bpifrance and is listed on Euronext Growth in Paris.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.44M
See more data about ALCYB stock on TipRanks’ Stock Analysis page.