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Econergy ( (IL:ECNR) ) has shared an announcement.
Econergy announced an initial public offering (IPO) valued at 35,112,000 NIS, comprising 1,330,000 securities, including both common and preferred shares. This strategic financial move aims to bolster the company’s capital, facilitating potential acquisitions, investments, and enhancements in working capital, reflecting a significant step in its growth and market positioning.
More about Econergy
YTD Price Performance: 10.02%
Average Trading Volume: 16,323
Current Market Cap: ILS1.34B
For detailed information about ECNR stock, go to TipRanks’ Stock Analysis page.