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-0.00442477876106205 -0.00442477876106205 -0.00442477876106205 -0.00442477876106205 0.0287610619469026 0.0553097345132743 0 0.057046460176991
Stock impact report

SCHMID Group N.V. announces a USD 30 million convertible notes financing

SCHMID Group N.V. - Class A Ordinary Shares (SHMD) 
Company Research Source: GlobeNewswire
FREUDENSTADT, Germany, Jan. 21, 2026 (GLOBE NEWSWIRE) -- SCHMID Group N.V. (NASDAQ: SHMD) (the “Company”), a global leader in providing solutions to the high-tech electronics, photovoltaics, glass, and energy systems industries, announced today that it entered into an investment agreement on January 18, 2026 with an institutional investor (the "Investor") pursuant to which the Company will issue and sell senior convertible notes in an aggregate principal amount of $30.0 million convertible into ordinary shares of the Company (the “Notes”) together with the issuance of warrants to purchase ordinary shares of the Company (the “Warrants”) in a private placement to the Investor (the Notes and Warrants together, the “Investment Agreement”). The Notes will be issued pursuant to an indenture at 98% of principal amount and are funded in two tranches: (i) $15.0 million will be funded two business days after the execution of the Investment Agreement on January 21, 2026 and (ii) $15.0 million Show less Read more
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