on ELARIS AG (isin : DE000A37FT17)
ELARIS AG Announces Capital Increase for April 2024
ELARIS AG disclosed plans for a capital increase through cash inflow directly from authorized capital, opting to bypass shareholder subscription rights in April 2024. The move is set to inject EUR 3.5 million into the company, facilitating further growth and development.
The expected issue price for each new share stands at EUR 41.50, aimed to be subscribed primarily by Elaris Holding GmbH, the parent entity of ELARIS AG. Proceeds from this capital infusion are designated for the continued expansion and market penetration efforts of ELARIS, particularly in the electric vehicles sector.
In light of upcoming unveils of new electric car models and plans for international market expansion, ELARIS projects a phase of dynamic growth. Currently, the management is engaging with potential investors to secure additional funds that would enable accelerated growth and bolster the company’s strategic positioning for further business scaling.
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