Carbios : Successful € 114m capital increase to finance industrial development
>€ 114m raised after 3m shares issued at a price of € 38 - Carbios announced last week the success of the capital increase open from 3-10 May, with the removal of the preferential subscription rights and a priority period for its existing shareholders. The company was thus able to raise € 114m through the issue of 3m new shares (36.7% of the capital), pointing to the use of the extension clause which reflects high investor demand (oversubscription rate of 207%, i...Carbios SA, formerly Carbios SASU, is a France-based company engaged in green chemistry that focuses on discovering and developing enzymatic bioprocesses applied to plastic and textile polymers. The Company creates a new generation of fully biodegradable plastics with a controlled lifespan, a process enabling infinite biorecycling of plastic waste (PET) and a new biological pathway for the production of competitive biosourced polymers.
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