12 Jan 2023

Crossject has announced it has raised €14m in debt to finance its expansion.

Crossject (ALCJ:EPA), 0 | Crossject SA (ALCJ:PAR), 0

- Fabrice Farigoule
- 2 pages

The group has raised €14m in new debt, securing the group’s financing ahead of product launches. We appreciate that it did not have to resort to dilutive instruments. Since this had been our assumption, no change to our numbers or valuation. The upside potential remains very significant.

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Crossject has announced it has raised €14m in debt to finance its expansion.

Crossject (ALCJ:EPA), 0 | Crossject SA (ALCJ:PAR), 0

Published: 12 Jan 2023
Author: Fabrice Farigoule
Pages: 2

The group has raised €14m in new debt, securing the group’s financing ahead of product launches. We appreciate that it did not have to resort to dilutive instruments. Since this had been our assumption, no change to our numbers or valuation. The upside potential remains very significant.

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