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An update from Energy Plug Technologies ( (TSE:PLUG) ) is now available.
Energy Plug Technologies Corp. has successfully closed the final tranche of its non-brokered private placement, raising a total of $1,200,194. The funds raised will be used for research and development, product certification, repayment of trade payables, and general working capital, positioning the company to enhance its capabilities and market offerings in the energy technology sector.
More about Energy Plug Technologies
Energy Plug Technologies Corp. is an energy technology company focused on innovation and sustainability. The company specializes in energy storage applications for the residential, commercial, and utility sectors, aiming to advance battery technologies for better energy management and grid resiliency. Based in British Columbia, it collaborates with leading technology companies and Indigenous communities to provide cutting-edge solutions.
YTD Price Performance: 11.02%
Average Trading Volume: 35,150
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.19M
For a thorough assessment of PLUG stock, go to TipRanks’ Stock Analysis page.