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NetMedia Group Completes Capital Increase to Bolster Equity

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NetMedia Group Completes Capital Increase to Bolster Equity

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Makheia Group SA ( (FR:ALNMG) ) has issued an announcement.

NetMedia Group successfully completed a capital increase operation, raising approximately €2,427,675 by issuing new shares while maintaining shareholders’ preferential subscription rights. This capital increase is part of a broader development plan and aims to strengthen the company’s equity and reschedule bank debt, with significant participation from Reworld Media, which subscribed to a substantial portion of the new shares.

More about Makheia Group SA

NetMedia Group is a prominent entity in the communication, marketing, and B2B media sectors, focusing on delivering innovative media solutions and services.

YTD Price Performance: -15.95%

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €5.4M

Learn more about ALNMG stock on TipRanks’ Stock Analysis page.

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