Landi Renzo S.p.A. announced that it expects to receive ?20 million in funding from Gbd Green By Definition S.P.A., In Forma Abbreviata "Gbd S.P.A."

Landi Renzo S.p.A. announced a private placement of common shares for the gross proceeds of ?20,000,000 on July 10, 2024. The transaction will include participation from returning investor, Gbd Green By Definition S.P.A., In Forma Abbreviata "Gbd S.P.A." The transaction has a further capital increase under option for a total of ?25,000,000.