Latest news with #LlamaGroup
Business Wire
03-07-2025
- Business
- Business Wire
Llama Group SA Announces a Capital Increase via a Private Placement of € 1.000.000
BRUSSELS--(BUSINESS WIRE)--Regulatory News: Llama Group SA (Euronext Growth Paris and Brussels: ALLAM), ('Llama Group' or the 'Company'), a digital music company and owner of the Winamp platform, today announces a capital increase for a total gross amount of € 1.000.000, subscribed by a limited number of investors (the 'Private Placement'). 'I would like to thank investors for their trust. This fundraising represents a key milestone for Llama Group and highlights the importance of our project in the music industry,' said Alexandre Saboundjian, CEO of Llama Group. 'Investors have recognised the potential of Winamp and the ambition driving our platform, designed to meet the needs of artists in a rapidly evolving music landscape. We remain more committed than ever to building an independent and innovative solution serving creators.' Use of Proceeds This transaction is part of Llama Group's ongoing strategic development. The funds raised will be primarily used to support the commercial launch of its new platform Winamp for Creators, by financing the initial phases of its go-to-market strategy — a central pillar of Llama Group's growth strategy. In parallel, the Company will continue to invest in the development of its two flagship products, Winamp for Creators and the Winamp Player, with the goal of enhancing features, improving user experience, and strengthening its positioning in the digital music market. The proceeds will also enable the Company to cover current operating expenses and meet its short-term financial commitments, in a context where its existing cash position requires supplementary funding alongside existing financing arrangements. Given current market conditions and the Company's stage of development, the private placement route was deemed the most appropriate and efficient financing solution at this time. Terms of the Private Placement The capital increase is carried out under the authorised capital framework, via the issuance of 1.666.668 new ordinary shares (the 'New Shares') at a subscription price of 0,60 € per share, representing a discount of approximately 21% compared to the Company's closing share price on the day prior to the announcement. The Private Placement is exclusively reserved for qualified investors — as defined under Rule 144A of the U.S. Securities Act of 1933 for subscribers located in the United States, and Article 2(e) of Regulation (EU) 2017/1129 for those based in the European Economic Area — with the statutory preferential subscription rights of existing shareholders being waived in the corporate interest. The New Shares: will be ordinary shares carry the same rights as the existing shares; will be fully paid-up, without nominal value, and issued in dematerialised form; will be entitled to dividends for the financial year starting 1 January 2025 if any; An application has been be made for admission to trading of the New Shares on Euronext Growth Brussels and Euronext Growth Paris as from their settlement and delivery. The capital increase for an amount of € 1.000.000 will raise the Company's share capital from € 29.859.118,30 to € 30.859.119,10. As the issue price is below the accounting par value, the entire subscribed amount will be allocated to the 'capital' account, without any share premium, so that all shares – both existing and new – will have the same accounting par value after completion. Subject to the closing of the capital increase having occurred, the Board of Directors will convene an Extraordinary General Meeting within fifteen (15) days following such closing. This meeting will take place no later than forty (40) days following the closing. 1 During such meeting, the shareholders will be asked to approve the issuance of 1.666.668 subscription rights ('Warrants') in favour of the investors who subscribed to the capital increase, without preferential subscription rights for existing shareholders. Each Warrant will entitle its holder to subscribe to one new ordinary share at an exercise price of 0,80 €, in accordance with the terms agreed between the Company and the investors. If a holder wishes to exercise its Warrants, it may do so only once for all Warrants owned by such holder, within five (5) years following the date on which the Warrants will have been effectively issued. The Company has committed to a 45-day standstill on the issuance of New Shares and transfer of shares of the Company, and the reference shareholder Maxximum SA has committed to a 60-day standstill on the transfer of shares of the Company, subject to customary and market-based exceptions. This structure enables Llama Group to quickly secure the resources needed while relying on professional investors able to support its long-term value creation strategy. Legal Basis of the Transaction In accordance with Article 7 of the Company's Articles of Association, the Board of Directors is authorised to increase the Company's share capital, in one or more tranches, until 4 March 2026, up to a maximum amount of € 22.841.742,87 (excluding any share premium), through the issuance of new shares, subscription rights or convertible bonds, via contributions in cash and/or in kind, with the ability to waive existing shareholders' preferential subscription rights. Immediately prior to this transaction, € 14.665.699,80 (excluding share premium) remained available under the authorised capital. Impact on Share Capital and Voting Rights Subject to the successful settlement and delivery of the New Shares, the Company's share capital will increase from € 29.859.118,30 to € 30.859.119,10, represented by 15.183.434 shares. The breakdown of the share capital and voting rights before and after the Private Placement is as follows: Before Private Placement Shareholders Shares Capital % Voting Rights Voting Rights % Maxximum SA 4,629,917 34.25% 8,615,636 49.23% Public 8,886,849 65.75% 8,886,849 50.77% Total 13,516,766 100.00% 17,502,485 100.00% Expand After Private Placement Shareholders Shares Capital % Voting Rights Voting Rights % Maxximum SA 4,629,917 30.49% 8,615,636 44.95% Public 10,553,517 69.51% 10,553,517 55.05% Total 15,183,434 100.00% 19,169,153 100.00% Expand Impact on Shareholders The stake of a shareholder holding 1% of the Company's share capital prior to the capital increase, and not participating in the Private Placement, would be diluted to approximately 0,89% following the issuance of 1.666.668 New Shares. In the event of full exercise of the 1.666.668 Warrants attached to the New Shares, this stake would be further reduced to approximately 0,80%. Financial Advisors Maxim Group LLC acted as placement agent and Allegra Finance acted as listing sponsor in the context of the Private Placement. The Private Placement is governed by agreements entered into between the Company and the placement. Risk Factors The public's attention is drawn to the risk factors relating to the Company and its business, as presented in the 2024 annual financial report published by the Company on April 1, 2025, available free of charge on its website ( The occurrence of some or all of these risks could have an adverse effect on the Company's business, financial position, results, development, or outlook. Prospectus Exemption The Private Placement, which is exclusively reserved for qualified investors, is not subject to the obligation to publish a prospectus or information note approved by the FSMA, in accordance with Article 10, § 3, 1° of the Law of 11 July 2018 on public offers of investment instruments and admissions of investment instruments to trading on regulated markets. The admission of the New Shares to trading on Euronext Growth Brussels and Paris is governed by the Royal Decree of 23 September 2018 on the publication of an information note in the event of a public offer or admission to trading on an MTF. In this respect, a verification was carried out and confirmed that the number of New Shares to be issued represents 12,3% of the number of Llama Group shares already admitted to trading on Euronext Growth over the past twelve months — i.e. below the 20% regulatory threshold. As a result, the transaction satisfies the exemption conditions under Article 3 of the Royal Decree, and no information note will be published. Next Meeting July 07, 2025 – Settlement and delivery of the Private Placement About Llama Group Llama Group is a pioneer and leader in the digital music industry. With extensive expertise across various sectors, the group owns the iconic Winamp platform, the Bridger copyright management company, and the Jamendo music licensing company. Llama Group's ambition is to build the future of the music industry through sustained investment in a range of innovative solutions and in the talent and skills of people who love music. The group stands by its brand values: empowerment, access, simplicity, and fairness. Winamp's vision is a world where a cutting-edge music platform connects artists and their fans like never before. Bridger's mission is to support songwriters and composers by providing a simple and innovative solution for collecting royalties. Jamendo enables independent artists to generate additional income through commercial licenses. Finally, Hotmix offers a bouquet of more than sixty thematic and free digital radio stations. Disclaimer This press release is for information purposes only. This press release does not constitute, and shall not be deemed to constitute, an offer to the public, an offer to subscribe or a solicitation of interest to the public with a view to a public offering of financial securities. The information set out above does not constitute and should not be considered as constituting a public offer, a subscription or purchase offer, or a solicitation of public interest in connection with a public offering of financial securities requiring the publication of a prospectus approved by the Financial Markets Authority (Autorité des Services et Marchés Financiers). The publication of this information in certain countries may constitute a breach of applicable legal provisions. This information must not be published, transmitted, released, or distributed, directly or indirectly, in or into the United States of America (including its territories and possessions), Canada, Australia, South Africa or Japan, or any other jurisdiction in violation of the relevant laws of such jurisdiction. The information made available above does not constitute an offer to sell or a solicitation of an offer to buy securities of the Company in the United States, Canada, Australia, South Africa, Japan, or in any other jurisdiction where such an offer or solicitation would be unlawful. The offering of the securities of the Company described in this press release is exclusively reserved to qualified investors, as provided in section « Terms of the Private Placement » of this press release. With respect to the member states of the European Economic Area, no action has been or will be taken to permit a public offering of the securities of the Company described in this press release that would require the publication of a prospectus in any such member state. Consequently, the securities of the Company described in this press release may not and will not be offered in any member state, except in accordance with the exemptions provided for in Article 1(4) of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, as amended (the 'Prospectus Regulation') or in other cases not requiring the publication of a prospectus by the Company under Article 3 of the Prospectus Regulation and/or applicable regulations in such member state. Without prejudice to any prohibitions in other jurisdictions, securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended (the 'U.S. Securities Act'), or an exemption from such registration. The securities of the Company described in this press release have not been and will not be registered under the U.S. Securities Act, and the Company does not intend to make any public offering of securities described in this press release in the United States.
Business Wire
19-06-2025
- Business
- Business Wire
Llama Group: Winamp Reaches More Than 500 New Sign-ups Per Day and Announces 2 New Features for Creators
BRUSSELS--(BUSINESS WIRE)--Regulatory News: Llama Group (Paris: ALLAM) (Brussels: ALLAM): Winamp continues its strong growth, now welcoming more than 500 new sign-ups every day since its launch on April 2 nd, as it expands its mission to empower creators and build a fairer music ecosystem. Next week, the company is unveiling two major features designed to streamline and secure the experience for artists on Winamp for Creators. Know Your Artists (KYA): Verified Creators, Safer Ecosystem Inspired by the familiar 'KYC' process, Know Your Artists (KYA) is a new verification feature that confirms the identity of artists on the platform. By ensuring that each artist account truly belongs to the creator behind the music, KYA helps protect against impersonation, piracy, and fraudulent uploads. 'With KYA, we're building trust into the foundation of the platform,' said Alexandre Saboundjian, CEO of Winamp. 'It's about protecting our creators and making sure every piece of music is tied to the artist who actually made it.' Catalog Import: One Link, Full Library Following artist verification via KYA, Winamp now enables creators to import their entire music catalog —including albums, EPs, and singles—simply by submitting a single URL from another streaming platform. This new Catalog Import feature allows verified artists to quickly bring their existing work into Winamp and take advantage of tools for distribution, licensing, monetization, and fan engagement. 'Artists shouldn't have to rebuild their presence from scratch,' said Saboundjian. 'We're making it effortless to bring in your music and start benefiting from Winamp's creator services right away.' Together, these features strengthen Winamp's role as a central hub for independent musicians—providing not just playback and discovery, but the infrastructure to manage rights, grow revenue, and build meaningful fan relationships. About Llama Group Llama Group is a pioneer and leader in the digital music industry. With extensive expertise across various sectors, the group owns the iconic Winamp platform, the Bridger copyright management company, and the Jamendo music licensing company. Llama Group's ambition is to build the future of the music industry through sustained investment in a range of innovative solutions and in the talent and skills of people who love music. The group stands by its brand values: empowerment, access, simplicity, and fairness. Winamp's vision is a world where a cutting-edge music platform connects artists and their fans like never before. Bridger's mission is to support songwriters and composers by providing a simple and innovative solution for collecting royalties. Jamendo enables independent artists to generate additional income through commercial licenses. Finally, Hotmix offers a bouquet of more than sixty thematic and free digital radio stations. About Winamp – Winamp is redefining the music experience by creating an innovative platform that strengthens the connection between artists and fans. We provide powerful tools that empower creators to manage their music, grow their audience, and maximize their revenue—all while delivering a seamless listening experience through the Winamp Player. Winamp for Creators is our dedicated platform designed to give music artists everything they need to succeed. From monetization tools to music management services, it brings together essential resources to help creators take control of their careers.
Business Wire
27-05-2025
- Business
- Business Wire
Llama Group: Hotmix Radio Now Available on Eversolo Devices, Delivering 70 Curated Music Stations to HiFi Enthusiasts Worldwide
BRUSSELS--(BUSINESS WIRE)--Regulatory News: Llama Group (Paris: ALLAM) (Brussels: ALLAM): Eversolo, a leading innovator in high-fidelity audio systems, is enhancing its premium streaming capabilities through a new integration with Hotmix Radio. Starting today, all Eversolo DMP Streamer series devices will offer direct access to Hotmix Radio's 70 expertly curated music stations, providing users with a seamless and immersive listening experience across 12 diverse categories. With this integration, Eversolo users can now enjoy uninterrupted, talk-free music, thoughtfully designed by passionate human curators. Whether it's relaxing with Chill Out, energizing a workout with Party Time, or exploring global sounds on Around the World, Hotmix Radio delivers a rich, genre-spanning lineup for every mood. 'At Eversolo, we strive to pair state-of-the-art hardware with the finest content,' said the Head of Product at Eversolo Audio. 'The addition of Hotmix Radio brings a wide variety of professionally curated music to our ecosystem—music that's not only high-quality but also emotion-driven and perfectly aligned with our HiFi philosophy.' Founded in 2013 and part of the Winamp family, Hotmix Radio is a beloved digital radio platform already available on desktop, mobile, and platforms like TuneIn and Amazon. With this new partnership, Hotmix becomes a native part of the Eversolo experience, accessible directly from the DMP Streamer series interface. 'Hotmix is more than just radio—we're crafting a modern, emotional journey through music,' said Alexandre Saboundjian, CEO of Hotmix Radio. 'The precision and sound quality of Eversolo devices elevate that journey, letting every listener feel the full depth and texture of the music we program.' Availability Hotmix Radio is now available on the full range of DMP series and the coming soon Eversolo play series. Users can access the service through the built-in streaming menu after updating to the latest firmware. For additional product information, please visit Next Meeting About Llama Group Llama Group is a pioneer and leader in the digital music industry. With extensive expertise across various sectors, the group owns the iconic Winamp platform, the Bridger copyright management company, and the Jamendo music licensing company. Llama Group's ambition is to build the future of the music industry through sustained investment in a range of innovative solutions and in the talent and skills of people who love music. The group stands by its brand values: empowerment, access, simplicity, and fairness. Winamp's vision is a world where a cutting-edge music platform connects artists and their fans like never before. Bridger's mission is to support songwriters and composers by providing a simple and innovative solution for collecting royalties. Jamendo enables independent artists to generate additional income through commercial licenses. Finally, Hotmix offers a bouquet of more than sixty thematic and free digital radio stations. About Hotmix Radio Hotmix offers a curated selection of over 60 custom-made music stations, accessible via and the Hotmix mobile apps. Designed for true music lovers, Hotmix provides an authentic, seamless listening experience, perfectly tuned to your mood, atmosphere, and daily rhythm—whether you're at home, on a road trip, enjoying dinner with friends, or working out. Crafted with passion by our best-in-class human programmers, every stream is carefully designed to bring you music that resonates. Pick your Hotmix. Click & listen! About Eversolo Eversolo Audio Technology Co., Ltd., backed by Zidoo Technology Co., Ltd., is led by a team with extensive HiFi industry experience. The R&D expertise spans audio decoding, analog audio, acoustic tuning, amplifiers, and system integration. Eversolo specializes in audio playback devices, HiFi DACs, and amplifiers.
Yahoo
15-05-2025
- Business
- Yahoo
Llama Group: Bridger Partners with BMI to Expand Royalty Collection in the U.S.
BRUSSELS, May 15, 2025--(BUSINESS WIRE)--Regulatory News: Llama Group (Paris: ALLAM) (Brussels: ALLAM): Bridger, a leading and innovative copyright management company and part of Llama Group, has entered into a strategic agreement with BMI, the largest performing rights organization in the United States. This partnership is set to significantly enhance royalty collection for Bridger's members. BMI serves as a critical link between songwriters and the businesses and organizations that publicly perform their music. Through this collaboration, Bridger will now be able to collect performance royalties on behalf of its members within the U.S., marking a major step forward in its global expansion. This agreement is expected to substantially increase the royalties Bridger collects, particularly in light of industry growth. In 2024, global performance rights revenues reached USD 2.9 billion—a 5.9% increase from the previous year—marking the fourth consecutive year of growth. Performance rights accounted for 9.7% of total global music revenues, according to the IFPI Global Music Report 2025. The partnership enables Bridger to collect royalties not only from digital platforms but also from physical venues across the United States. "This partnership with BMI completes a very strong offering from Bridger to its members. The United States is the largest market for performance rights, and we're thrilled to now be able to collect royalties in this market thanks to BMI. Our mission is to continuously provide the best service with full transparency to the authors, composers, and publishers who trust Bridger," said Alexandre Saboundjian, CEO of Bridger. In this context, it is also worth noting that Bridger has applied to become an RME client of CISAC and has recently received confirmation that CISAC will be making a positive recommendation to its General Assembly, scheduled for May 28. Next Meeting May 15, 2025 – Investor Conference Call About BMI – BMI was founded in 1939 by forward-thinkers who wanted to represent songwriters in emerging genres, like jazz, blues and country, and protect the public performances of their music. BMI is currently the largest music performing rights organization in the U.S. and continues to nurture new talent and new music About Bridger - Bridger is committed to supporting songwriters and composers with innovative royalty collection solutions. Designed as an intuitive and easy-to-use copyright management platform, Bridger enables songwriters to register their musical works within minutes and unlock additional revenue streams beyond their digital distributor. About Winamp – Winamp is redefining the music experience by creating an innovative platform that strengthens the connection between artists and fans. We provide powerful tools that empower creators to manage their music, grow their audience, and maximize their revenue—all while delivering a seamless listening experience through the Winamp Player. Winamp for Creators is our dedicated platform designed to give music artists everything they need to succeed. From monetization tools to music management services, it brings together essential resources to help creators take control of their careers. About Llama Group Llama Group is a pioneer and leader in the digital music industry. With extensive expertise across various sectors, the group owns the iconic Winamp platform, the Bridger copyright management company, and the Jamendo music licensing company. Llama Group's ambition is to build the future of the music industry through sustained investment in a range of innovative solutions and in the talent and skills of people who love music. The group stands by its brand values: empowerment, access, simplicity, and fairness. Winamp's vision is a world where a cutting-edge music platform connects artists and their fans like never before. Bridger's mission is to support songwriters and composers by providing a simple and innovative solution for collecting royalties. Jamendo enables independent artists to generate additional income through commercial licenses. Finally, Hotmix offers a bouquet of more than sixty thematic and free digital radio stations. View source version on Contacts Investors Relations Olivier Van Gulckinvestors@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
25-04-2025
- Business
- Business Wire
Maxximum SA Strengthens Its Commitment to Llama Group SA through a Structured Financing Operation
BRUSSELS--(BUSINESS WIRE)--Regulatory news: Llama Group SA (Paris: ALLAM) (Brussels: ALLAM) announces the implementation of a structured financing mechanism by its main shareholder, Maxximum SA, aimed at supporting the company's strategic development in the coming months. As part of this initiative, Maxximum SA, which currently holds 5,307,818 shares representing 39.27% of Llama Group SA's share capital and 56.39% of the voting rights, plans to sell up to 1,307,818 of its Llama Group shares during the course of 2025. The net proceeds from each of these sales will then be made available to Llama Group SA, at a rate of 90% and immediately after each sale, in the form of a loan intended to finance the company's development. The remaining 10% will be used to cover the costs associated with the implementation of the operation. The receivable of Maxximum SA on Llama Group SA resulting from this loan will subsequently, and in any case no later than December 31, 2025, be contributed to the capital of Llama Group SA. This capital increase will be carried out based on the volume-weighted average selling price (VWAP) of the shares sold, reduced by 3%, in order to take into account the costs related to the operation, including the interest attached to the loan granted by Maxximum SA. The transaction has been designed to preserve market stability and to minimize any potential impact on the share price. The share sales will be conducted progressively throughout 2025, ensuring that they are integrated within normal market volumes, in order to avoid any undue pressure on the stock. The execution of the sales will be managed by TP Icap, an independent specialized firm, with a focus on full transparency and controlled execution. This mechanism enables Llama Group SA to access financial resources while limiting the dilutive impact for existing shareholders. The capital increase through the contribution in kind of the receivable held by Maxximum SA will take place at a pace aligned with the company's growth strategy and will support the gradual strengthening of its equity base. Illustrative example (for indicative purposes only): If Maxximum SA were to sell the full 1,307,818 shares at a volume-weighted average price of €1.212 (closing price as of April 23, 2025), the gross proceeds from the sale would amount to €1,585,075. Of this amount, €1,426,568 — i.e., 90% — would be loaned to Llama Group SA. Based on a contribution price of €1.1756 (VWAP minus 3%), this would result in the issuance of approximately 1,213,439 new shares as part of the capital increase by contribution in kind of the receivable, leading to a dilution of approximately 8.24%. Statement from Alexandre Saboundjian, main shareholder of Llama Group SA via Maxximum SA 'I firmly believe that Llama Group, through the Winamp project, carries a strong strategic vision and long-term value creation potential. This transaction reflects my personal commitment to support the company in its next stages of development. I am fully confident in the long-term success of this project and remain deeply committed to building an independent, innovative technology platform that serves artists. This financing mechanism was also designed to best protect the interests of existing shareholders, ensuring a gradual and controlled dilution, and was chosen as the most suitable option after an in-depth review of multiple financing solutions.' Next Meeting May 28, 2025 – General Ordinary Meeting About Llama Group Llama Group is a pioneer and leader in the digital music industry. With extensive expertise across various sectors, the group owns the iconic Winamp platform, the Bridger copyright management company, and the Jamendo music licensing company. Llama Group's ambition is to build the future of the music industry through sustained investment in a range of innovative solutions and in the talent and skills of people who love music. The group stands by its brand values: empowerment, access, simplicity, and fairness. Winamp's vision is a world where a cutting-edge music platform connects artists and their fans like never before. Bridger's mission is to support songwriters and composers by providing a simple and innovative solution for collecting royalties. Jamendo enables independent artists to generate additional income through commercial licenses. Finally, Hotmix offers a bouquet of more than sixty thematic and free digital radio stations.
