VOGO press release
VOGO announces the launch of a capital increase amounting to €5M with maintenance of preferential subscription rights to accelerate its commercial momentum and support the transformation of its business model.
▪ Target amount of €5 million with maintenance of preferential subscription rights (DPS)
▪ Subscription price per New Share: 4.04 euros
▪ Subscription parity: 4 DPS give the right to subscribe to 1 new share
▪ Subscription period: from April 18, 2024 to May 2, 2024 inclusive
▪ Detachment of preferential subscription rights on April 16, 2024
▪ Operation secured to the extent of 75% by (i) irreducible subscription commitments in the amount of €2.35 million from ABEO, the Chairman and CEO of VOGO, VOGO managers as well as new investors including renowned athletes such as Aurélien Tchouaméni (French international footballer, Real Madrid), Achraf Hakimi (Moroccan international footballer, PSG), Raphaël Varane (French international footballer, Manchester United), François Trinh-Duc (French international player rugby union) and Alain Bernard (Olympic swimming champion), directly or via their Family Offices and (ii) a free guarantee commitment from ABEO in the amount of €1.41 million