on METAVISIO (EPA:ALTHO)
METAVISIO: Capital increase of €1.5 million and termination of OCABSA
METAVISIO, a renowned French IT company, announces a €1.5 million capital increase and the discontinuation of its OCABSA (Open Share Offers). This strategic decision aims to support the company's growth without further diluting the value of its shares. The increase involves the issuance of 149,917,400 new shares.
Stéphan Français, the company's CEO, acquired 120 million shares previously held by the American AI fund. This acquisition brings his stake in METAVISIO to 32.71%. The company also secured non-dilutive financing for its pre-production in China, strengthening its financial position.
The complete cessation of OCABSA marks a new era for METAVISIO, which intends to focus on commercial expansion thanks to this new influx of capital.
R. H.
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