ETV Montana Tech places 500,000 Asta Energy Solutions shares at EUR 60 each in private placement
Bitget2026/09/30 05:30- ETV Montana Tech Holding completed an unregistered placement of 500,000 Asta Energy Solutions shares, about 3.5% of share capital.
- Placement priced at EUR 60 per share, implying gross proceeds of EUR 30 million; settlement expected Oct. 2, 2026.
- Free float rises to about 42.9%; ETV Montana Tech Holding and Makra retain a combined majority stake of about 51.2%.
- ETV Montana Tech Holding plans to use proceeds partly to meet an earn-out obligation payable to Montana Aerospace.
- Berenberg acted as sole global coordinator and sole bookrunner; ETV Montana Tech Holding and Makra agreed to a 180-day lock-up.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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