On July 3, 2018, Archos S.A. (ENXTPA:JXR) closed the transaction. The company issued 4,328,781 OCEANE bonds at a price of €0.855 per bond for the gross proceeds of €3,701,108. The bonds were issued at par. The transaction included participation from YA II PN, LTD., a fund managed by existing investor, Yorkville Advisors Global LP. The bonds are convertible into common shares of the company.