Visiomed raises 3 million euros

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"This fundraising was carried out as part of a private placement of convertible bonds realized with the cancellation of preferential subscription rights from professional investors, of which 520,000 euros were subscribed by Patrick Schiltz, Chairman and Chief Executive Officer. of Visiomed and 2.45 million euros by Frédéric Paul, director of the company ", detailed the group in a statement.

These additional financial resources "must cover the financing needs of the company until the end of the year, before taking advantage of the new strategic plan to be unveiled soon".

In addition to this new fundraising, the Visiomed Group hopes to "achieve operational balance and ensure the development of its activities, especially in the segment with high potential for connected health," he said.

The company, which develops and markets health products, including connected medical devices (BewellConnect range), had already announced October 7 finalization of a capital increase of 1.5 million euros by private placement initiated in August. Some 30 million new shares were then issued.

The Visiomed Group is having a difficult year. In particular, he decided to sue his former directors, because of suspicions of financial malpractice following the publication of the conclusions of the financial audit of the company's auditor, it is recalled.

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