Boostheat SAS (FR:ALBOO) has released an update.
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BOOSTHEAT, a French company specializing in energy efficiency, has announced a reduction in the nominal value of its shares from 1.00 euro to 0.20 euro following a capital reduction due to losses. This change comes after the company’s three-year transition period to Euronext Growth Paris, with new obligations for public offers and threshold crossings now in effect. BOOSTHEAT is known for its patented thermal compressor technology aimed at reducing energy consumption and promoting ecological transition.
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