Hurtimex SA announced that it has received PLN 2.83 million in funding from Kids Fashion Group GmbH & Co. KG and other investors.
On September 25, 2014, Hurtimex SA closed the transaction. The company issued 11,303,662 shares at PLN 0.25 per share for gross proceeds of PLN 2,825,915.50 in the transaction. The company intended to issue a total of 30,000,000 shares for gross proceeds of PLN 7,500,000 in the transaction.