Cube Labs Releases Own Shares From Lock Up to Raise New Resources

Giglio Group Caterina Matteoli has a 64 stake

(Telestock) – CubeLabsa venture builder listed on Euronext Growth Milan – Professional Segment (EGM PRO), has obtained the consent of MIT SIM (as Euronext Growth Advisor) and EnVent Capital Markets (as Global Coordinator) to proceed with the junction
advance of the lock up agreement signed on 7 March 2023 in relation to the sole own shares in portfolio. This request concerns the 56,250 shares owned prior to listing and representing 0.31% of the share capital as of today.

The release request is aimed at the sale of the shares in order to obtain new financial resources to be used within the scope of the company’s activity, as well as to strengthen its financial and equity structure. The operation will be carried out on the market.

tlb-finance