on NETMEDIA GROUP (EPA:ALNMG)
NetMedia Group successfully raises €2.4 million in funding
NetMedia Group announces the success of its capital increase, raising €2,427,675 through the issuance of new shares while maintaining preferential subscription rights. The transaction, which took place from February 27 to March 11, 2025, aims to strengthen the company's equity and restructure its bank debt.
Subscription reached 86.70%, with 809,225 shares sold out of the planned 933,334. Reworld Media, the lead subscriber, absorbed 800,000 shares for €2.4 million, thus accounting for 85.71% of the transaction. NetMedia's market capitalization increased from €9,902,298 to €12,329,973.
The shares are expected to be listed on Euronext Growth in Paris as of March 18, 2025. This marks a key milestone in the company's development plan.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all NETMEDIA GROUP news