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An announcement from Fae Technology S.P.A ( (IT:FAE) ) is now available.
FAE Technology S.p.A. announced a change in its share capital following the exercise of warrants, resulting in the issuance of 1,522,133 new shares and a capital increase of 3,044,266 euros. This change reflects the company’s strategic financial adjustments and impacts its shareholding structure, with GML Ventures holding the majority stake. The update in share capital composition is part of the company’s compliance with Euronext Growth Milan regulations.
More about Fae Technology S.P.A
FAE Technology S.p.A. is a leading tech company in Italy’s electronics sector, founded in 1990 by Francesco Lanza and currently led by Gianmarco Lanza. The company focuses on enabling electronic innovation across various sectors, including electric mobility, IoT, industrial automation 4.0, and aerospace.
Average Trading Volume: 38,938
Technical Sentiment Signal: Sell
Current Market Cap: €47.11M
For detailed information about FAE stock, go to TipRanks’ Stock Analysis page.