Cellebrite DI Reaches Key Stock Milestone
Company Announcements

Cellebrite DI Reaches Key Stock Milestone

Cellebrite DI (CLBT) has released an update.

Cellebrite DI Ltd. has announced that its ordinary shares have achieved a significant milestone, trading at or above $17.50 for 20 days within a 30-day period. This achievement triggers the issuance of 5 million additional shares to shareholders under the terms of a previous merger agreement. This development could be of interest to investors watching the company’s stock performance.

For further insights into CLBT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyCellebrite price target raised to $24 from $23 at Craig-Hallum
TheFlyCellebrite price target raised to $21 from $17 at Lake Street
TipRanks Auto-Generated NewsdeskCellebrite Reports Record Revenue and Raises 2024 Outlook
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App