Announcement • Aug 01
Spineway SA announced that it expects to receive €1.5 million in funding Spineway SA announce that it will issue straight bonds for principal amount up to €1.5 million on July 30, 2026.
On the same day the company has issued straight bonds for principal amount of €1 million. The transaction included participation from new lender L1 Capital Pty. Limited. Each Bond has a principal amount of €1 and issued at 93% of par value, has an 18-month maturity, and bears interest at an annual rate of 6%, payable monthly. Concurrently, the Company has issued 4,411,764 share subscription warrants. Each Warrant will have an exercise price of €0.17. Two-thirds of the Warrants will be exercisable at any time during the three years following their issuance. The transaction is expected to close on March 15, 2027, subject to certain conditions, including minimum market capitalization and cash runway requirements. The transaction is approved from board of directors of the company. New Risk • Jul 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€163k free cash flow). Earnings are forecast to decline by an average of 5.4% per year for the foreseeable future. Market cap is less than US$10m (€2.91m market cap, or US$3.33m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€2.5m net loss in 2 years). Share price has been volatile over the past 3 months (8.3% average weekly change). Announcement • May 01
Spineway SA to Report First Half, 2026 Results on Jul 30, 2026 Spineway SA announced that they will report first half, 2026 results on Jul 30, 2026