Evry, March 29, 2023: Global Bioenergies (the “Company”) announces the results of its capital increase with maintenance of shareholders’ preferential subscription rights (the “PSR”), the subscription of which took place from March 10 to 24 2023 (the “Operation”) with a fundraising of €5.6 million.
Samuel Dubruque, Administrative and Financial Director of the Company, declares: “We thank all our shareholders who participated in this operation, and thus allow Global Bioenergies to roll out its roadmap. This operation, which gives priority to our shareholders, was carried out in a particularly stormy stock market climate. »
Marc Delcourt, CEO and co-founder of the Company, adds: “We will use these funds to:
– strengthen our current production chain and generate strong growth in turnover in the short term,
– complete the financing of the 2,000-tonne plant by our subsidiary ViaViridia by the summer, and
– prepare for the subsequent exploitation of the process, on a larger scale, in the market for sustainable aviation fuels. ASTM certification of our process is expected in the coming weeks. »