Cybergun S.A. announced that it expects to receive €92 million in funding from European High Growth Opportunities Manco S.A.
October 06, 2019
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Cybergun S.A. (ENXTPA:ALCYB) announced that it will receive €92,000,000 in a round of funding from European High Growth Opportunities Securitization Fund, a fund managed by European High Growth Opportunities Manco S.A. on October 7, 2019. The company will issue bonds convertible into or exchangeable for new or existing shares of the company over a period of 96 months. A first subscription of €5,000,000 will take place in two tranches, out of which €2,000,000 has been subscribed immediately and €3,000,000 will be subscribed in the coming days.
On the same day, the company issued 200 bonds at an issue price of €10,000 and received €2,000,000 in the first tranche.
CYBERGUN is the world leader in designing and distributing replica dummy weapons for video game aficionados, sport or outdoor shooting, and collectors. The activity is organized around two families of products:
- replica weapons: 1/1-scale replica which shoots 6-mm plastic balls. At the end of March 2023, CYBERGUN had 21 exclusive worldwide or European licenses (primarily Smith & Wesson, Famas, Desert Eagle, Colt, Taurus, Uzi, Mossberg, Tanfoglio, Schmeisser, Thompson, Sig Sauer, Kalashnikov, DPMS Blaser and Beretta);
- accessories and consumables: goggles, targets, plastic pellets, gas reloads, etc.
The products are manufactured by subcontractors.
Products are mainly marketed through wholesalers and specialty stores (gunsmiths, hunting and fishing stores, toy and video game stores), and also through large distribution chains.
CYBERGUN 
