Kumulus Vape S.A. (ENXTPA:MLVAP) announced a private placement of 392,465 units at a price of €6.37 per share for gross proceeds of €2,500,002.05 on December 18, 2020. Each unit consists of one common shares and one half of one warrant. Each full warrant will entitle the holder to purchase one common share at a valuation of €20,000,000 by the end of December 2023.