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Turbo Energy, S.A. 6-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Turbo Energy, S.A.
,

Filing date:

03/14/2025

TLDR:

Turbo Energy, S.A. closed on a third tranche of subscriptions, raising €1,000,000 through a debt bond to support international expansion.

ELI5:

Turbo Energy got about $1 million from investors to help them sell their SUNBOX solar batteries in America and South America.

Accession #:

0001213900-25-024127

Published on

Analyst Summary

  • Turbo Energy closed on a third tranche of subscriptions by European individual investors, raising €1,000,000 (approximately US$1,078,475).
  • The funds were raised through a simple debt bond with an interest rate of 8.75% and a maturity of 36 months from October 24, 2024.
  • The proceeds will be used to support the company’s international expansion initiatives, focusing on introducing SUNBOX solar energy storage solutions to the U.S. and South American markets.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️