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DRONE VOLT SA Announces Strategic Capital Increase

DRONE VOLT SA Announces Strategic Capital Increase

DRONE VOLT SA (FR:ALDRV) has released an update.

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DRONE VOLT SA is set to strengthen its balance sheet by launching a capital increase with preferential subscription rights, targeting a fundraising goal of up to 2.6 million euros, backed by a solid commercial performance including a 49% increase in half-year turnover. The subscription price is set at a discount, with eligibility for various tax reduction schemes, and the additional funds are earmarked for working capital needs and potential acquisitions, particularly in the Drone as a Service division.

For further insights into FR:ALDRV stock, check out TipRanks’ Stock Analysis page.

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