DMS Group Secures €4 Million Flexible Equity-Linked Financing to Support Growth

5 déc. 2019

DMS Group set up a €4 million financing through IRIS via warrants convertible into cash and/or DMS or Hybrigenics shares to support its strong growth and working capital needs.

DMS Group implemented a €4 million financing facility with IRIS through 1,600 warrants convertible into cash or new/existing DMS or Hybrigenics shares, drawn in up to 20 tranches. The company aims to reinforce liquidity to sustain rapid growth, with a potential shareholder dilution of about 9% if all bonds convert at €2.50.

Download DMS Group press release (in french)