CM.com, a provider of conversational commerce based in North Brabant, has raised €20 million by issuing approximately 2.98 million new ordinary shares, accounting for about 10.3% of its existing shares. The shares, sold to institutional investors and some management, were priced at €6.70 each, which is lower than recent trading prices. The funds are intended to enhance the company’s financial stability and flexibility as it progresses with its growth strategy, following the recent launch of its Agentic AI Platform, Halo, aimed to improve operational efficiency.
The company will use the proceeds to strengthen its balance sheet and provide greater operational and tactical flexibility during the next phase of the Company's growth plan.
This represents about 10.3 per cent of the company's existing shares, sold to institutional investors and some management members for €6.70/share.
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