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The latest update is out from Elliptic Laboratories AS ( (DE:EIP) ).
Elliptic Labs has announced an increase in its share capital following the exercise of share options by option holders. The company’s board of directors has resolved to issue 11,797 new shares, raising the share capital to NOK 1,052,867.65. This move, based on the authorization from the annual general meeting, reflects the company’s ongoing commitment to its share option program and may impact its financial structure and stakeholder interests.
More about Elliptic Laboratories AS
Elliptic Labs is a company specializing in AI Virtual Smart Sensor PlatformTM, which enhances user experiences by bringing contextual intelligence to devices. Their technology, utilizing proprietary deep neural networks, is deployed in over 500 million devices and works across all platforms and applications. Headquartered in Norway, Elliptic Labs has a global presence, including in the USA, China, South Korea, Taiwan, and Japan, and is listed on the Oslo Stock Exchange.
Average Trading Volume: 240,062
Current Market Cap: NOK1.27B
For an in-depth examination of EIP stock, go to TipRanks’ Stock Analysis page.