IQE announces completed fundraising including LO-managed noteholder reinvestment

IQE announced completion of its fundraising and confirmed that all conditions had been satisfied or waived. The April transaction terms provided for redemption of existing convertible notes and reinvestment by noteholders, including funds or accounts managed on a discretionary basis by Lombard Odier. This is a follow-on issuer recapitalisation, distinct from the March 2025 note financing, and not a loan or equity investment attributed to the Swiss parent bank.