Facephi Biometria SA (ES:FACE) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
FacePhi Biometria SA has secured a capitalizable loan of 1.8 million euros with its main shareholder, Nice & Green, with an initial drawdown of 300,000 euros. The loan, which carries an interest rate of Euribor plus 2% and a 7% formalization fee, is set to mature in three months with an option for share conversion at an agreed-upon exchange rate.
For further insights into ES:FACE stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue