DOLFINES Finalizes Capital Increases of Over €2.5 Million

DOLFINES SA announced the successful completion of significant capital increases following resolutions made at the extraordinary general meeting on September 16, 2024. The capital increases were executed through cash and set-off receivables, amounting to a total of €2,536,059.40. A total of 1,811,471 new shares were issued, increasing the share capital from €828,718.80 to €3,364,778.20, now comprising 2,403,413 shares.

CEO Adrien Bourdon Feniou expressed gratitude to shareholders for supporting the equity strengthening and cash position improvement. The company's restructuring effort reduced its gross financial debt to €1.6 million while increasing cash reserves to €1.63 million. Bourdon Feniou now holds nearly 41% of the capital via Thesiger International, aligning with the company's renewed focus on profitable growth.