Welcome to our dedicated page for OPNVY news (Ticker: OPNVY), a resource for investors and traders seeking the latest updates and insights on OPNVY stock.
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Crescent (EURONEXT: OPTI; OTC: OPNVY) has secured a financing agreement with LDA Capital Limited for up to EUR 9.9 million over three years in exchange for shares. The commitment includes a minimum issuance of EUR 5 million within 18 months. The financing will be released via put options, allowing Crescent flexibility in capital calls. LDA will hold a non-controlling interest, supporting Crescent's growth without management involvement. Additionally, LDA receives warrants for up to 46.4 million shares at an exercise price of EUR 0.046. This deal aims to enhance Crescent's capital for strategic acquisitions and IoT solutions development.