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1414 Degrees Ltd. Issues 2.5 Million New Securities on ASX

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1414 Degrees Ltd. Issues 2.5 Million New Securities on ASX

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1414 Degrees Ltd. ( (AU:14D) ) has shared an update.

1414 Degrees Ltd. has announced the quotation of 2,500,000 new ordinary fully paid securities on the Australian Securities Exchange (ASX), effective January 29, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and supporting its strategic growth initiatives.

More about 1414 Degrees Ltd.

1414 Degrees Ltd. operates in the energy sector, focusing on innovative energy storage solutions. The company is known for its thermal energy storage systems, which aim to provide efficient and sustainable energy options for various markets.

YTD Price Performance: -23.33%

Average Trading Volume: 217,087

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$6.5M

Learn more about 14D stock on TipRanks’ Stock Analysis page.

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