10 Oct 2025

"Hoffmann Green Cement Technologies Raises €13.9 Million in Capital Increase and Convertible Bond Issuance"

"Jeantet advised Hoffmann Green Cement Technologies, a company listed on Euronext Growth Paris, on its capital increase and the issuance of convertible bonds (OCA) for a total of €13.9 million. The subscription period for the capital increase ran from September 11 to September 23, 2025, resulting in the issuance of 1,762,392 shares and raising €7.9 million. Additionally, €6 million in OCA was subscribed by Inveready, a leading Spanish investment firm. The funding aims to provide Hoffmann Green Cement Technologies with financial resources for operational expenses, innovation financing, and debt interest payments. The company specializes in producing innovative, low-carbon cements with significantly reduced carbon footprints compared to traditional cements."

**Law Firms Involved in the Transaction:** Jeantet advised Hoffmann Green Cement Technologies, a company listed on Euronext Growth Paris, while Mayer Brown assisted Inveready in the issuance of convertible bonds. **Transaction Overview:** Hoffmann Green Cement Technologies successfully completed a capital increase with the maintenance of preferential subscription rights and a reserved issuance of convertible bonds (OCA) for a total amount of €13.9 million. The subscription period for the capital increase ran from September 11 to September 23, 2025, resulting in the issuance of 1,762,392 shares, amounting to a total capital increase of €7.9 million at a subscription price of €4.50 per share. The total demand for the capital increase exceeded €8.5 million. The settlement and delivery of the new shares, along with their admission to trading on Euronext Growth Paris, took place on September 30, 2025. Additionally, the company issued OCA with a total principal amount of €6 million, subscribed by a fund managed by Inveready, a leading Spanish investment firm specializing in small and medium-sized enterprises. This financing is supported by the European Union through the InvestEU fund and is backed by NextGenerationEU, with participation from Spain under the Spanish compartment of the InvestEU fund. The funds are intended to provide Hoffmann Green Cement Technologies with additional financial resources for medium-term expenses, including operational costs, innovation financing, optimization investments, and debt interest payments. **Lawyers Involved:** From Jeantet, the team included: - Cyril Deniaud (Partner, Capital Markets) - Benjamin Cohu (Counsel, Capital Markets) - Fanny Alexanian (Associate, Capital Markets) - Nafiy Saïd (Associate, Capital Markets) Mayer Brown advised Inveready, but specific lawyer names and their seniority were not provided in the press release.
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