on MAUNA KEA TECHNOLOGIES (EPA:MKEA)
Mauna Kea Technologies secures €4 million in funding
Mauna Kea Technologies has signed a financing agreement with Vester Finance, providing access to €4 million over two years with no obligation to withdraw funds. This support aims to strengthen the company's financial structure and finance its growth. The partnership allows Mauna Kea to pursue its international development, particularly with regard to Cellvizio®, and to increase its presence in new strategic markets.
The financing can be repaid in cash or shares, with a potential dilution of approximately 11% if the maximum share issuance is made. Beyond this financial flexibility, the company states it has the necessary resources to continue operations until the second quarter of 2027. This arrangement complements the positive commercial momentum observed in recent quarters.
R. H.
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