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Aterian PLC Expands Share Capital with New Issuance

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Aterian PLC Expands Share Capital with New Issuance

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The latest announcement is out from Aterian PLC ( (GB:ATN) ).

Aterian PLC has announced the issuance of 226,500 new ordinary shares at a par value of 10p to compensate advisors and suppliers, as well as to incentivize long-term performance. These shares will be listed on the London Stock Exchange, increasing the company’s total issued share capital to 15,028,544 ordinary shares, which will affect shareholder voting rights and transparency obligations.

More about Aterian PLC

Aterian PLC is an Africa-focused company specializing in the exploration and development of critical minerals. The company is engaged in identifying and developing mineral resources essential for various industries, with a focus on the African market.

Average Trading Volume: 17,975

Technical Sentiment Signal: Sell

Current Market Cap: £4.81M

For detailed information about ATN stock, go to TipRanks’ Stock Analysis page.

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