LightOn extends its bond financing to 4 million euros

LightOn has announced the renewal of its bond financing for a maximum nominal amount of €4 million. This transaction, carried out with the same financial partners, aims to extend its cash runway until September 2027. Two bond issues totaling €4 million in nominal value were approved, with immediate receipt of €1.8 million. This financing comes at a time of strategic growth for LightOn, which anticipates new technological advancements and a revamped product offering. The bonds issued will not bear interest and will not be listed on Euronext Growth. The shares intended for conversion of the bonds could result in dilution for existing shareholders.