(Finance) – Smart Capitala “permanent capital” industrial holding company listed on EGM PRO and specialized in Private Equity investments and Private Investments in Public Equity, has announced that the second tranche of the capital increase was concluded resolved by the meeting of 5 November, in the context of which 1,364,598 newly issued ordinary shares were subscribed by leading business families at a price of 1.55 euros for a total value of 2.1 million eurosof which 1,164,586 ordinary shares, for a total value of 1.8 million euros, already the subject of an irrevocable commitment before the start of negotiations.
Dxor Investments (company that has control of Altea Green Power), who acted as cornerstone investor by subscribing 645,200 ordinary shares for an amount equal to 1 million euros, it has undertaken lock-up commitments until the twelfth month following the start date of trading of the ordinary shares on the EGM PRO, aligning itself with the lock-up commitments already undertaken by Finagrati, Costantini Investments and Reef Capital as well as Mario Cocchi.
There overall collectionrelating to the two tranches of the capital increase, was therefore equal to 9 million euros.
“We are pleased to announce the positive conclusion of the second tranche of the capital increase, just over a month after our IPO – they commented Andrea CostantiniPresident and CEO, e Andrea FaraggianaManaging Partner and General Director – We have raised liquidity from new entrepreneurs who, with their strategic vision, we believe can also contribute to strengthening Smart Capital’s activity in its role as an investor in Italian SMEs.”
“I am really proud to be part of an ambitious project like that of Smart Capital which aims to become a real catalyst for innovation and excellence in the panorama of Italian small and medium enterprises – he said Giovanni Di PascaleFounder of Dxor Investments – As an entrepreneur I am honored to also be able to give my active contribution, bringing my expertise and vision to the industrial sector”.