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22 déc. 2022
Cerinnov Group set up a flexible equity-linked financing line of up to €2 million with IRIS—starting with a €200 k first draw—to reinforce its cash position ahead of an expected post-pandemic rebound.
Limoges, 22 december 2020 - Cerinnov Group established a 12-month, €2 million equity-linked financing facility via bonds redeemable in new shares, with an initial €200 k tranche subscribed by IRIS and further tranches available at the company’s discretion. This funding is intended to strengthen working capital in anticipation of renewed orders, though full use of the facility would imply limited dilution for existing shareholders upon bond-to-share conversions.
Download Cerinnov press release (in french)
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