“The loan is subordinate and has a maturity until 2028, an interest of 10% and the Company has the possibility of converting the debt into shares, as part of a possible capital increase operation. The loan was granted to the Company in order to support its current needs and to ensure the working capital in the following period,” per the report.
On January 10, Holde Agri Invest announced in a stock market report that it had contracted loans of RON5 million from SevenX Ventures.
“The loans are subordinate, mature in 2027 and carry a fixed interest rate of 10%. The company has the possibility to convert the loans into shares within a potential share capital increase. The loans were granted to the company to support its current needs and ensure the necessary working capital in the coming period”, the company said in a report.
The fund Vertical Seven Group, held by Iulian Cîrciumaru and Andrei Cretu, is Holde Agri’s second largest shareholder, with an ownership stake of 11.1%, in line with stock market data.
HAI shares have traded 35.7% higher so far in 2025, amid deals worth RON2.3 million. Holde Agri Invest has a market capitalization of RON83.9 million, the same data show.