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Fidia Spa ( (IT:FDA) ) has issued an announcement.
Fidia S.p.A. has reported that Global Growth Holding Limited converted three bonds from the seventh tranche of its reserved convertible bond with warrants, known as the POC, into 6,000,000 new shares at a price of €0.005 per share. The new shares are immediately admitted to trading, and the move reflects ongoing execution of the company’s 2026 financing structure with GGHL.
Following this latest conversion, the POC has been subscribed for a nominal €1.75 million, while the related capital increase has reached €1.65 million, with 10 seventh-tranche bonds still subscribed and unconverted. As a result, Fidia’s share capital rises by €30,000 to €11,497,761.90, and its total number of shares increases to 141,078,639, signalling further equity dilution but strengthening of the company’s capital base.
More about Fidia Spa
Fidia S.p.A., based in Turin and listed on Euronext Milan, is a global player in the design, production and marketing of high-performance integrated milling systems. Its technologies, including numerical controls, high-speed milling machines and CAM software, primarily serve the automotive mould-making and aerospace sectors, covering the entire milling process from programming to finished part.
Average Trading Volume: 3,495,054
Technical Sentiment Signal: Strong Sell
Current Market Cap: €773.4K
For an in-depth examination of FDA stock, go to TipRanks’ Overview page.