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Elliptic Labs CEO Sells Shares for Tax Planning

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Elliptic Labs CEO Sells Shares for Tax Planning

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An announcement from Elliptic Laboratories AS ( (DE:EIP) ) is now available.

Elliptic Laboratories AS announced that CEO Laila Danielsen sold 2,000,000 shares for tax planning purposes, retaining 2.3% of the company’s share capital. This transaction highlights the company’s ongoing strategic financial management, potentially impacting shareholder perspectives and market perceptions.

More about Elliptic Laboratories AS

Elliptic Laboratories AS is a company specializing in AI Virtual Smart Sensor Platform technology, which enhances user experiences by providing contextual intelligence to devices. Their proprietary deep neural networks create AI-powered Virtual Smart Sensors that improve personalization, privacy, and productivity. The technology is deployed in over 500 million devices globally and is compatible with various devices, operating systems, and applications. Headquartered in Norway, with a presence in the USA, China, South Korea, Taiwan, and Japan, Elliptic Labs is listed on the Oslo Stock Exchange.

Average Trading Volume: 268,064

Current Market Cap: NOK1.23B

See more data about EIP stock on TipRanks’ Stock Analysis page.

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