Ebro (EV Motors) — Other · €40M

Ebro, the electric-vehicle brand of Barcelona-based EV Motors (which builds cars with Chery at the Zona Franca plant), closed a €40M capital increase — 5.8 million new shares at €6.87 — that was oversubscribed by roughly 25-30% and was raised ahead of a planned BME Growth listing, with AndBank acting as sole placement agent. Individual investors were not disclosed and no stage was given.