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Ferrexpo secures $15M loan from top shareholder ahead of $100M equity raise

Market News
08 Sep 2026
Proactive Investors
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Bullish
Ferrexpo secures $15M loan from top shareholder ahead of $100M equity raise

Ferrexpo PLC obtained a $15 million unsecured loan from its largest shareholder, Fevamotinico, to boost liquidity before a planned $100 million equity raise. The loan, with a 9.75% interest rate and 12-month maturity, supports working capital and production restarting on September 7. Fevamotinico's loan acts as a pre-payment for part of its $40 million equity subscription, offsetting its commitment if the equity raise succeeds. If the fundraising fails, the loan must be repaid in cash or converted to shares, with safeguards preventing early repayment demands or insolvency actions by Fevamotinico before maturity. Shareholders will vote on the equity raise on September 21, 2026.

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Protalix CFO to present at two major healthcare investor conferences in September 2026

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Protalix BioTherapeutics announced that its CFO, Gilad Mamlok, will participate in two key investor events in New York City from September 14-16, 2026. He will present at the H.C. Wainwright 28th Annual Global Investment Conference and join a firesid...

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Anthropic IPO likely in October despite roadshow delays, Polymarket data shows

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Robinhood's AMC token traded far above stock price, sparking debate on token impact on real shares.

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