(Alliance News) - Cube Labs Spa has announced that its board has requested authorization from shareholders to increase capital to a maximum of EUR10 million.

In detail, EUR5 million will be offered under option to shareholders while another EUR5 million could be raised by March 31, 2026.

In addition, Venture Valuation AG calculated the value of the company's key technologies, quantifying them in the range of EUR48.8 million to EUR86.9 million.

Cube Labs is flat at EUR2.08 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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