Esperite N.V. (ENXTAM:ESP) announced a private placement of convertible notes for gross proceeds of €35,000,000 on July 28, 2020. The transaction will include participation from y European Small Cap Opportunities Fund. The company will also issue warrants along with the notes. The company will receive funding over a period of 36 months. The company will receive €400,000 in its first tranche and €500,000 in its second tranche subject to the shareholders approval and the approval of the prospectus by AFM.