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NetMedia Group Launches €2.8 Million Capital Increase to Strengthen Equity

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NetMedia Group Launches €2.8 Million Capital Increase to Strengthen Equity

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Makheia Group SA ( (FR:ALNMG) ) has provided an update.

NetMedia Group has announced a capital increase of €2.8 million through the issuance of 933,334 new shares, retaining preferential subscription rights. The initiative is primarily backed by a commitment from Reworld Media, ensuring 85.71% of the subscription, and aims to bolster the company’s equity, reflecting a strategic move to enhance financial stability and operational capacity.

More about Makheia Group SA

NetMedia Group is a prominent entity in the communication, marketing, and B2B media sector. The company focuses on providing media solutions and services to businesses, strengthening their market presence and communication strategies.

YTD Price Performance: -26.38%

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €5.44M

For a thorough assessment of ALNMG stock, go to TipRanks’ Stock Analysis page.

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