Haffner Energy Raises €1.2 Million in Convertible Bonds to Secure Its Cash Flow
Haffner Energy announces the issuance of its seventh and eighth tranches of convertible bonds into shares, totaling €1.2 million, as part of its financing arrangement set up in November 2025 with Hanover Square Investments 1.
Two Tranches Converted into 23.3 Million New Shares
The 240 convertible bonds into new and/or existing shares (OCEANE) have been converted into 23,285,164 new shares, calculated based on a theoretical conversion price equal to 95% of the lowest average daily volume-weighted price over the 15 consecutive trading days preceding the issue date. This issuance is part of the €4.8 million maximum bond loan over 60 months established in November 2025 with Hanover Square Investments 1 (HSI 1), a company of the Alpha Blue Ocean group.
Funding Aimed at Operational Continuity and Commercial Development
This tranche of financing is intended to temporarily secure the operational continuity of the Company and to strengthen its cash reserves to support a major technological evolution phase. It also supports commercial operations and the strategy of Haffner Energy as the company continues its development efforts in Europe, Asia, the Middle East, and North America.
