Ebusco has successfully raised EUR 36 million through its Rights Issue, issuing 43.9 million new shares at EUR 0.8209 each, strengthening its financial position.
The cash proceeds will allow Ebusco to alleviate significant financial burdens after a recent court loss against Qbuzz, addressing immediate operational funding needs.
Gotion's 9.3% stake in Ebusco, along with a supervisory board seat, signifies a strategic partnership as Ebusco seeks to restructure and stabilize its operations.
Significant participation in the Rights Issue from firms like ING and Peter Bijvelds Holding demonstrates investor confidence despite previous financial struggles faced by Ebusco.
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