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Ellomay ( (IL:ELLO) ) just unveiled an update.
Ellomay Capital Ltd. announced a capital raising initiative through a rights offering to its existing shareholders, allowing them to purchase additional shares. The offering is aimed at non-U.S. investors and is expected to conclude by the end of 2025, with proceeds earmarked for general corporate purposes, including potential acquisitions and investments in renewable energy projects.
More about Ellomay
Ellomay Capital Ltd. operates in the renewable energy industry and is listed on the NYSE American LLC stock exchange under the ticker symbol ELLO.
YTD Price Performance: -5.50%
Average Trading Volume: 4,384
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $203.7M
Find detailed analytics on ELLO stock on TipRanks’ Stock Analysis page.
