Emerald Horizon has announced that CEO and principal shareholder Florian Wagner has pledged 75,000 existing shares as collateral for a private Lombard loan. Importantly, the transaction does not involve any sale of shares, with beneficial ownership, voting rights and dividend rights remaining entirely with Mr. Wagner. According to Mr. Wagner, the proceeds will be used primarily to support the commercialisation of DUALstore PLUS as well as the accelerated technical implementation and industrialisation of ADES, Emerald's accelerator-driven subcritical microreactor platform. The measure forms part of a broader financing package announced by management.
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