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EEMS Italia S.p.A. ( (IT:EEMS) ) has provided an update.
EEMS Italia S.p.A. announced the conversion of 12 bonds into 382,921 new ordinary shares as part of an investment agreement with Global Capital Investment International Ltd. This conversion marks the completion of the second partial tranche of the convertible bond loan, with no bonds remaining in circulation from this tranche. The issuance of these shares is expected to impact the company’s capital structure and market positioning.
More about EEMS Italia S.p.A.
EEMS Italia S.p.A. is an Italian company operating in the energy market and is listed on the Euronext Milan market organized by Borsa Italiana S.p.A.
Average Trading Volume: 144,369
Technical Sentiment Signal: Sell
Current Market Cap: €1.97M
For an in-depth examination of EEMS stock, go to TipRanks’ Stock Analysis page.