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1414 Degrees Ltd. ( (AU:14D) ) has shared an update.
1414 Degrees Ltd announced the issuance of 15,774,722 fully paid ordinary shares without disclosure to investors under the Corporations Act 2001. This move is part of the company’s ongoing compliance with regulatory requirements and its strategic initiatives to enhance its market position in industrial decarbonisation. The announcement underscores the company’s commitment to innovation and sustainability, potentially impacting its operations and stakeholder interests positively.
More about 1414 Degrees Ltd.
1414 Degrees Ltd is a leader in industrial decarbonisation, offering innovative silicon-based solutions that align energy supply with demand to promote renewable energy adoption. The company’s key technologies include SiBrick®, a thermal energy storage technology; SiBox®, which provides consistent high-temperature heat for industrial processes; and SiPHyR™, a methane pyrolysis reactor for low-emission hydrogen production. 1414 Degrees has demonstrated the reliability of its solutions through successful pilot projects and owns the Aurora Energy Project in South Australia, aimed at delivering reliable renewable electricity.
Average Trading Volume: 2,022,998
Technical Sentiment Signal: Sell
Current Market Cap: A$7.13M
Find detailed analytics on 14D stock on TipRanks’ Stock Analysis page.