Jumia announces completion of at-the-market offering

Balance sheet strengthened with $99.6 million in gross proceeds lagos, nigeria / accesswire / august 16, 2024 / jumia technologies ag, (nyse:jmia) ("jumia" or "the company") a leading e-commerce platform in africa, today announced that it has completed its previously announced "at-the-market" ("atm") offering of 20,227,736 adss. the atm generated aggregate gross proceeds before commissions and offering expenses of $99.6 million.
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