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Aurora Labs ( (AU:A3D) ) has shared an announcement.
Aurora Labs Ltd has announced the issuance of 60,435,585 fully paid ordinary shares, raising approximately $3.1 million. This move, involving both a placement to sophisticated investors and the conversion of unlisted options, is part of the company’s strategic efforts to strengthen its financial position and support its operational goals.
More about Aurora Labs
Aurora Labs Ltd operates in the 3D printing industry, focusing on developing and providing advanced 3D printing technology and solutions. The company is known for its innovative approach to metal 3D printing, targeting industries that require high precision and efficiency.
Average Trading Volume: 653,747
Technical Sentiment Signal: Buy
Current Market Cap: A$24.78M
For a thorough assessment of A3D stock, go to TipRanks’ Stock Analysis page.