Financing and Leadership Transition Highlights

  • $110 million in new capital
    • $95 million in equity financing with strong insider participation
    • $15 million anticipated second tranche of its European Investment Bank loan by the end of June 2026
  • Planned acceleration of U.S. commercialization of Genio. Continued adoption of Genio in the U.S. where the Company now has 40 sales reps in place under an experienced U.S.-based commercial leadership team