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Europlasma SA ( (FR:ALEUP) ) has shared an update.
Europlasma SA announced the issuance of 400 convertible bonds into new shares, valued at 2 million euros, as part of a larger bond loan program designed to support its growth. The funds will be used to revitalize Valdunes Industries, enhance production at Forges de Tarbes, and continue developing its green industry activities. However, the issuance may lead to significant dilution and potential downward pressure on the company’s stock price, posing risks to shareholders.
More about Europlasma SA
Europlasma is an industrial group focused on strategic activities in pollution control and decarbonization. The company is involved in the green industry, specializing in the treatment and recovery of hazardous waste, and is expanding its operations with a focus on environmental performance.
YTD Price Performance: -64.71%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €1.9M
Learn more about ALEUP stock on TipRanks’ Stock Analysis page.