AFYREN lands $26.8M investment through share capital increase

In France, AFYREN announced the successful completion of a share capital increase of €23 million subscribed by Kemin Industries, a global specialty ingredients and biotechnology leader, and strategic shareholder Bpifrance, via its Large Venture fund.

·      €20 million invested by industry leader Kemin Industries

·      €3 million invested by strategic shareholder Bpifrance, via its Large Venture fund

·      Transaction completed at €2.40 per share, representing a 9% premium vs. 3-day VWAP share price prior to the determination of the issue price, i.e. €2.21

·      Plant optimization program has now started to gradually increase capacity

·      The issue price of €2.40 per share represents a 9% premium over the Volume Weighted Average Price of AFYREN shares on Euronext Growth Paris over the last 3 trading days – from 20 to 24 November 2025.