20 mai 2021
BOOSTHEAT set up a flexible €10 million equity-linked financing line with IRIS to cover its 12-month funding needs and support the launch of its BOOSTHEAT.20 CONNECT boiler.
Paris, may 20 2021 - BOOSTHEAT, which designs, manufactures and sells technologically advanced, energy-efficient and sustainable heating solutions, has arranged funding in a maximum amount of €10 million through an agreement formed on 20 May 2021. The funding will take place through the issue of warrants entitling holders to subscribe bonds redeemable in new shares in the Company, entirely reserved for IRIS. This funding facility will be submitted for approval in the next Shareholders’ General Meeting, which will take place on 10 June 2021.
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