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LightOn expands its cash reserves with €4 million in bond issues

LightOn, a company specializing in generative AI, has secured significant bond financing. Through two bond issues, the company could raise up to €4 million. This financing is being provided by European investors, led by Vester Finance. The goal is to extend LightOn's cash runway until the end of 2027.

This funding comes as LightOn experiences a growing flow of business opportunities. Igor Carron, CEO of LightOn, emphasized that this financial injection will strengthen the company's execution capacity and enable it to achieve profitability by the end of 2026. The convertible and straight bonds will be interest-free and redeemable in cash or convertible bonds.

R. E.

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