Energica Motor Company S.p.A. (BIT:EMC) announced that it has entered into an agreement on April 16, 2020. The transaction will include participation from new investor, Negma Group Ltd. The company will issue common shares at a price of €1.65 per share in the transaction. The company will also issue convertible bonds cum warrants for €4,000,000 in the transaction. The company may issue additional convertible bonds for up to €7,000,000 under the same conditions and under the same terms in the transaction. The common shares issued in the transaction will be subject to a hold period.