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Gemstone Jewelry Retailer Elumeo Raises EUR1.8 Million from Share Sale

MT Newswires·09/17/2026 05:28:16
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05:28 AM EDT, 09/17/2026 (MT Newswires) -- Elumeo (ELB.F) said Thursday that it raised 1.8 million euros from an oversubscribed offering of 850,000 new shares at 2.10 euros apiece. The online gemstone jewelry retailer earmarked proceeds from the share sale primarily as working capital in support of its organic growth.