on METAVISIO (EPA:ALTHO)
METAVISIO waives reduction in the nominal value of its shares
On December 9, 2024, METAVISIO, a French company specializing in computer design, announced the decision of its Board of Directors to abandon the fourth resolution planned for the Extraordinary General Meeting of December 19, 2024. This resolution aimed to reduce the nominal value of the shares. Chairman Stéphan Français explained this abandonment due to shareholders' concerns about the potential impacts of such a measure.
This decision is accompanied by significant progress for METAVISIO, materialized by the signing of strategic partnerships in Saudi Arabia and China. In particular, a non-dilutive credit line of 5 million euros was obtained in China. This will allow financing production without altering the company's capital structure.
These developments strengthen METAVISIO's financial health, supporting its growth ambitions while respecting shareholders' interests. The Board of Directors remains mobilized to execute its international growth strategy.
R. H.
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