The board of directors of Hannun has given the go-ahead to a capital increase and to the opening of talks with its creditors in the context of the pre-bankruptcy proceeding, as the company has announced this Thursday.
The company’s goal is to strengthen its financial structure, meet its obligations, and obtain the necessary resources to complete the change in its industrial and operating model initiated in 2026, with the aim of achieving stable operating profitability.
The capital increase will be offered in a first phase to the current shareholders and, subsequently, the board will have the power to place the shares that remain unsubscribed both among the partners themselves and among potential external investors.
The resources raised will first be used to meet overdue obligations that are still pending payment.
Subsequently, they will be used to finance working capital and the expected operating shortfall until reaching the break-even point of operations, as well as to cover the investments associated with the plan of corrective measures, maintaining at all times a minimum level of cash that ensures the continuity of the business.