(Alliance News) - RedFish LongTerm Capital Spa announced Monday in the evening that commitments and subscriptions have been received on the capital increase for a total amount of EUR10.4 million, from six separate investors, against the overall funding target set at EUR14.99 million.

The shares resulting from these subscriptions will be issued together with any shares that may be subscribed until the final end of the capital increase, set for March 31.

Five of the six current investors are already RedFish shareholders, "signaling their continued confidence and commitment to the growth and success of RFLTC."

RedFish LongTerm Capital's stock closed Monday in the green 1.4 percent to EUR1.45 per share.

By Chiara Bruschi, Alliance News reporter

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