Overview
- Roughly 21,000 to 22,000 people pledged around €18.8–19 million on Lita.co in under two days, far exceeding the €5 million target and prompting a suspension of new registrations.
- These are non-binding promises, and participants must confirm their investments on 17 November on a first-come, first-served basis.
- The offer is a hybrid security with a €100 minimum ticket that pays a marketed 8% annually over seven years, carries partial tax advantages, and is not guaranteed.
- Proceeds are earmarked for new moulds, a new machine, and productivity and safety upgrades at the Orléans factory to support the company’s recovery.
- Management says it is exploring a second campaign with France Active to channel excess demand, given the legal cap that limits the current raise to €5 million.