Bulgaria's Tiger Technology To Seek 2.3 mln Euro In Cap Hike
Tuesday, 30 April 2019
Bulgarian software developer Tiger Technology said that its shareholders have approved the launch of a capital increase aimed at raising up to 2.3 million euro ($2.6 million) via a new share issue.
Tiger Technology will offer 11,620 shares at a price of 200 euro each, the minutes from the shareholders meeting, published earlier this week, showed.
The company's capital currently amounts to 50,000 levs. If the issue is fully subscribed, Tiger Technology will increase its capital to 61,620 levs.