DBT concludes an OCEANE financing contract for 5 million euros

DBT, a company specializing in electric mobility, announced the signing of an agreement with the Global Tech Opportunities 29 fund for financing via convertible bonds (OCEANE) totaling €5 million. This transaction aims to strengthen the company's equity.

The first tranche, with a nominal value of €250,000, has been subscribed. This financing comes at a time when DBT is seeking to secure its cash flow and support the development of its R3 charging network in the face of an uncertain electricity market.

In 2024, DBT recorded a turnover of 10.2 million euros, down 5% compared to the previous year, and an improving net loss.

Shareholders should note the potential risk of dilution of their holdings and the downward pressure on the share price due to these new issues.