PANews January 27 News, French listed company Capital B (ALCPB) announced the renewal of a maximum €300 million “ATM” type secondary offering plan with asset management firm TOBAM. The plan is executed under the authorization of the company’s 2025 shareholders’ meeting. TOBAM and its managed funds can subscribe to new shares at market price daily when conditions are met, with the subscription price not lower than the previous trading day’s closing price, the mNAV conversion price, and the minimum price set by the shareholders’ meeting, whichever is highest. The maximum subscription quantity per day shall not exceed 21% of the previous trading day’s trading volume. The company may suspend or terminate the plan temporarily or permanently at any time. The additional shares will be listed on Euronext Growth Paris, and the company will simultaneously disclose the scale of the issuance, Bitcoin holdings, and changes in the Bitcoin per share indicator.
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Capital B and TOBAM renew agreement for up to €300 million ATM issuance plan
PANews January 27 News, French listed company Capital B (ALCPB) announced the renewal of a maximum €300 million “ATM” type secondary offering plan with asset management firm TOBAM. The plan is executed under the authorization of the company’s 2025 shareholders’ meeting. TOBAM and its managed funds can subscribe to new shares at market price daily when conditions are met, with the subscription price not lower than the previous trading day’s closing price, the mNAV conversion price, and the minimum price set by the shareholders’ meeting, whichever is highest. The maximum subscription quantity per day shall not exceed 21% of the previous trading day’s trading volume. The company may suspend or terminate the plan temporarily or permanently at any time. The additional shares will be listed on Euronext Growth Paris, and the company will simultaneously disclose the scale of the issuance, Bitcoin holdings, and changes in the Bitcoin per share indicator.