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Ethernity Networks Passes Resolutions at EGM and Grants Options to Key Directors
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Ethernity Networks Passes Resolutions at EGM and Grants Options to Key Directors

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The latest update is out from Ethernity Networks Ltd. ( (GB:ENET) ).

Ethernity Networks Ltd announced that all resolutions were passed at their Extraordinary General Meeting, including the grant of 30,618,170 options to key directors such as CEO David Levi, VP R&D Shavit Baruch, and Chairman Yosi Albagli. This move is part of Ethernity’s strategy to align management incentives with shareholder interests and support the company’s growth initiatives in the competitive semiconductor and networking industry.

More about Ethernity Networks Ltd.

Ethernity Networks Ltd provides innovative networking and security solutions on programmable hardware aimed at accelerating telco and cloud networks. Their semiconductor technology offers complete data plane processing and control software with a range of features designed to optimize telecommunications networks, facilitating the deployment of 5G, edge computing, and broadband networks.

YTD Price Performance: -86.41%

Average Trading Volume: 44,043,074

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £1.25M

For an in-depth examination of ENET stock, go to TipRanks’ Stock Analysis page.

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