Cube Labs, Institutional Investor Subscribes AuCap Tranche for 250K Euros

Giglio Group Caterina Matteoli has a 64 stake

(Telestock) – CubeLabsa venture builder listed on Euronext Growth Milan – Professional Segment (EGM PRO), has completed afurther subscription in the context of the capital increase launched in June.

As part of this operation, a leading European institutional investor subscribed for a further 113,636 newly issued ordinary shares at a unit subscription price of 2.20 euros, for a total value of 249.999,20 euros. Therefore, taking into account the shares already subscribed, the total number of shares issued resulting from the capital increase amounts to 388,350, equal to 15.21% of the total shares offered, for a total value of 854,370 euros.

“We are extremely satisfied with this further subscription, which confirms the market’s continued interest in Cube Labs – commented theAD Filippo Surace – This result strengthens our ability to attract strategic resources to support the development and innovation of our activities. We are confident that thecapital increase, which will continue until 2025will allow us to continue with determination on our path of growth and consolidation in the healthcare sector”.

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