(CercleFinance.com) – The Navya share continued to fall on Friday morning the day after the launch of an issue of bonds convertible into new shares to which are attached share subscription warrants (OCABSA) for an amount of 36 million euros.
Around 10:00 a.m., the action of the specialist in autonomous mobility systems – which had fallen by more than 36% yesterday – still dropped 12%, largely underperforming a Parisian market at equilibrium.
In a statement released Thursday morning, Navya said the proceeds from the issue with Negma, a Dubai-based investment company, would enable it to finance its growth and industrial scale-up.
For the record, the AMF has repeatedly alerted issuers and investors to the risks associated with financing by OCABSA, which leads to significant shareholder dilution, and even downward pressure on the share price.
On the operational level, Navya announced this morning that Afnor, the French standardization association, had validated the monitoring of its ISO 9001 certification, a label recognizing the quality of its quality management system.
Copyright © 2022 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
