(Boursier.com) — Hopium proceeded with the drawing of a 3rd tranche of the bond loan concluded with the company Atlas Special Opportunities, on September 20, 2022. It consists of 200 convertible bonds (CB) into shares with a nominal value of 10,000 euros each.
As with the funds received during the drawing of the previous tranche, the issuance of the CBs is intended to provide the company with the human and technological resources necessary to support its growth. The funds raised will be intended primarily to finance R&D expenses for the development of the technological platform, including the high-power fuel cell, as well as operating expenses.
Furthermore, within the framework of its new strategic plan, Hopium will continue to explore other sources of financing, including by way of appeal to the market, and/or through industrial partnerships.
©2023 Boursier.com