Artificial heart maker Carmat completes 7 million euro capital increase PARIS (Reuters) – Artificial heart maker Carmat, whose financial situation has been under pressure, said on Monday that it had completed a 7 million euro ($7.4 million) capital increase with several of its historical financial shareholders. Carmat estimated it will nevertheless have to secure around […]
Artificial heart maker Carmat completes 7 million euro capital increase
PARIS (Reuters) – Artificial heart maker Carmat, whose financial situation has been under pressure, said on Monday that it had completed a 7 million euro ($7.4 million) capital increase with several of its historical financial shareholders.
Carmat estimated it will nevertheless have to secure around 50 million euros ($52.6 million) in extra financing to cover its operations and investments until the end of October 2024.
($1 = 0.9503 euros)
(Reporting by Sudip Kar-Gupta; Editing by Jacqueline Wong)
