Implanet S.A. (ENXTPA:ALIMP) announced a private placement of 400 convertible bonds issued at €10,000 per bond for gross proceeds of €4,000,000 on February 10, 2020. The transaction will include particpation from returning investor Nice & Green SA. The company will receive the funding in two tranches. Each tranche comprises of issuance of 200 convertible bonds. The second tranche is subject to the approval of the shareholders of the company at the next general meeting, which is scheduled for April 7, 2020. The transaction was approved by the board of directors of the company.