On December 28, 2022, 2CRSI S.A closed the transaction. The company has issued convertible bonds for gross proceeds of €2.4 million and simple bonds for gross proceeds of €2.6 million; for total gross proceeds of €5 million on December 28, 2022. The transaction included participation from European investors and Vester Finance SA.

The convertible bonds and simple bonds were subscribed respectively at 92% and 100% of their nominal value. The notes will not bear interest rate and mature on December 28, 2024. The amount of cash linked to the issue of the convertible bonds is €2.4 million and will be paid in full on December 30, 2022.

The conversion price of the convertible bonds will be subject to all statutory provisions.