SCHMID Group secures $30 million convertible notes financing

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SCHMID Group N.V. announces a USD 30 million convertible notes financing

January 21, 2026 6:07 AM UTC

FREUDENSTADT, Germany, Jan. 21, 2026 (GLOBE NEWSWIRE) -- SCHMID Group N.V. (NASDAQ: SHMD) (the Company), a global leader in providing solutions to the high-tech electronics, photovoltaics, glass, and energy systems industries, announced today that it entered into an investment agreement on January 18, 2026 with an institutional investor (the "Investor") pursuant to which the Company will issue and sell senior convertible notes in an aggregate principal amount of $30.0 million convertible into ordinary shares of the Company (the Notes) together with the issuance of warrants to purchase ordinary... More