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1414 Degrees Ltd. ( (AU:14D) ) has shared an announcement.
1414 Degrees Ltd has issued 35,725,278 fully paid ordinary shares without disclosure to investors, as part of its ongoing strategy to review and enhance funding arrangements. The company is in early discussions regarding its funding, but the outcome remains uncertain. This move is part of their broader strategy to provide value to shareholders and strengthen their market position in industrial decarbonisation.
More about 1414 Degrees Ltd.
1414 Degrees Ltd is a leader in industrial decarbonisation, providing silicon-based solutions that align energy supply with demand to promote renewable energy adoption. The company offers technologies such as SiBrick® for thermal energy storage, SiBox® for high-temperature heat delivery in industrial processes, and SiPHyR™ for low-emission hydrogen production. 1414 Degrees has demonstrated its capabilities through successful pilot projects and owns the Aurora Energy Project for renewable energy initiatives.
Average Trading Volume: 699,552
Technical Sentiment Signal: Buy
Current Market Cap: A$15.75M
For detailed information about 14D stock, go to TipRanks’ Stock Analysis page.