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1414 Degrees Ltd. ( (AU:14D) ) has shared an update.
1414 Degrees Ltd has announced the issuance of 32,075 fully paid ordinary shares without disclosure to investors, complying with relevant provisions of the Corporations Act 2001. This move is part of the company’s ongoing efforts to support its innovative energy solutions and strengthen its position in the renewable energy sector, potentially impacting stakeholders by enhancing the company’s operational capabilities and market presence.
More about 1414 Degrees Ltd.
1414 Degrees Ltd is a leader in industrial decarbonisation, offering silicon-based solutions that align energy supply with demand to promote renewable energy adoption. Their key technologies include SiBrick®, a thermal energy storage system, SiBox®, which provides high-temperature heat for industrial processes, and SiPHyR™, a methane pyrolysis reactor for low-emission hydrogen production. The company has demonstrated its capabilities through successful pilot projects and owns the Aurora Energy Project, a long-term renewable energy initiative in South Australia.
Average Trading Volume: 359,193
Technical Sentiment Signal: Sell
Current Market Cap: A$7.87M
For a thorough assessment of 14D stock, go to TipRanks’ Stock Analysis page.