GAUSSIN (EURONEXT GROWTH: ALGAU – FR0013495298) announces today the completion of a capital increase reserved for the benefit of TABLON sa, investment company of CSG Czechoslovak Group (CSG), by use of the delegation of authority granted by the general meeting of March 7, 2023 by its 16th and 17th resolutions, with cancellation of shareholders’ preferential subscription rights for the benefit of named persons for a total gross amount of 14,999,998.84 euros. The agreements also provide for the option for the subscriber to participate in the next capital increase within the limit of available shares, the right to request the appointment of half of the directors to the Board of Directors of GAUSSIN as long as the subscriber has at least minimum 15% of GAUSSIN’s share capital or that he will be the shareholder individually holding the highest stake in GAUSSIN, as well as a commitment from the subscriber to keep the shares for a period of 2 years.
GAUSSIN intends to use the proceeds of the sale to fund general working capital.
This fundraising increases the company’s equity while strengthening its cash flow.