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Aterian PLC Expands Share Capital with New Equity Issuance

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Aterian PLC Expands Share Capital with New Equity Issuance

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Aterian PLC ( (GB:ATN) ) has provided an update.

Aterian PLC has announced the issuance of 260,000 new ordinary shares following the exercise of warrants by holders at a price of 32.5 pence per share. This move increases the company’s total issued share capital to 15,288,544 ordinary shares, impacting shareholder voting rights and requiring updates under the Financial Conduct Authority’s rules.

More about Aterian PLC

Aterian PLC is an Africa-focused company specializing in the exploration and development of critical minerals. The company is involved in the mining industry, focusing on minerals essential for various industrial applications.

Average Trading Volume: 19,277

Technical Sentiment Signal: Sell

Current Market Cap: £4.81M

For a thorough assessment of ATN stock, go to TipRanks’ Stock Analysis page.

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