XDC closes its second round financing and raises 12.5 million EUR to leverage its early stage leadership position

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The Extraordinary General Meeting of Shareholders of XDC today approved the second round of financing of the company, raising 12.5 million EUR additional equity. This funding will allow XDC to further expand its market-leading digital cinema network across Europe. Following the successful launch over the last two years, XDC is one of the largest digital cinema networks in the world with more than 230 digitally equipped screens that represent a 75% market share so far in its targeted area: Europe.