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Carmat: capital increase completed

(CercleFinance.com) - Carmat announces the completion of its capital increase for a total gross amount (including issue premium) of 10.
3 million euros, in which two reference shareholders participated for 5.5 million.

On September 28, Carmat's Chief Executive Officer decided to issue 6,414,516 new ordinary shares at a price of 1.60 euro. Settlement-delivery and listing on Euronext Growth Paris are scheduled for October 2.

The net proceeds of the €9.4 million operation will enable the designer of the Aeson artificial heart to extend its financial horizon to early 2025. After the offer, its 12-month financing requirement is approximately 36 million.

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