• Whitestone is proposing a 2-stage capital increase of EUR 33-43m.• Stage 1 – EUR 17.8m CIK to Multifin at an issue price 25% above last close.• Stage 2 – EUR 15-25m capital increase to grow its portfolio.• This operation effectively accelerates Whitestone's growth by doubling in size, while also boosting the share's visibility.• We will update our estimates.More details in our Note published this morning
13 Feb 2024
(Sponsored) Whitestone Group - Hitting 2 birds with one (White)stone
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(Sponsored) Whitestone Group - Hitting 2 birds with one (White)stone
• Whitestone is proposing a 2-stage capital increase of EUR 33-43m.• Stage 1 – EUR 17.8m CIK to Multifin at an issue price 25% above last close.• Stage 2 – EUR 15-25m capital increase to grow its portfolio.• This operation effectively accelerates Whitestone's growth by doubling in size, while also boosting the share's visibility.• We will update our estimates.More details in our Note published this morning