Askoll Eva SpA (BIT:EVA) announced that it has signed a private placement of 300 convertible bonds at a price of €10,000 per bond for gross proceeds of €3,000,000 with Negma Group Ltd. on March 18, 2020. The company will also issue warrants in the transaction. The transaction will take place in three tranches. The company will have an option to renew bond for another €2,000,000.