Mauna Kea Technologies secures €5 million for its capital increase

Mauna Kea Technologies has secured more than €5 million in firm commitments for its capital increase, a crucial step in its safeguard plan. This initiative would help finance the company's strategy and achieve profitability by 2027. The amount could reach more than €11 million with the future exercise of stock warrants. The Paris Economic Activities Court will rule on the approval of the plan on October 27, 2025.

At the same time, Mauna Kea Technologies is continuing discussions with other investors to increase the funds committed prior to the transaction. The private placement of shares is expected to strengthen the company's financial strength. Despite the uncertainties, the company has seen an improvement in its business in the United States. These results reinforce investor confidence in the current strategy.