6-K - SCHMID Group N.V. Warrants | StockGist

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SCHMID Group N.V. closed the second $15.0 million tranche of its $30.0 million convertible notes financing on March 5, 2026, following SEC effectiveness of its Form F-1 on March 3, 2026. Net proceeds will be used for general corporate purposes including working capital, capital expenditures, and potential acquisitions or investments.

Key Takeaways

1Closed second $15.0 million tranche of convertible notes on March 5, 2026

2Total notes issued: $30.0 million under January 18, 2026 investment agreement

3First tranche of $15.0 million issued on January 21, 2026

4Issued additional warrants exercisable until December 15, 2028

5Form F-1 registration statement effective March 3, 2026

6William Blair acted as sole placement agent

Current Report Details

Event Type

6-K

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Other Event

Transaction Details

Debt / Financing

Instrument: senior convertible notes
Principal: 30
Use of Proceeds: general corporate purposes, including working capital, capital expenditures, and potential acquisitions or investments

Exhibits (2)

6-K

FORM 6-K

99.1

EXHIBIT 99.1