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Fidia S.p.A. Announces Bond Conversion and Share Capital Increase

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Fidia S.p.A. Announces Bond Conversion and Share Capital Increase

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Fidia Spa ( (IT:FDA) ) has issued an announcement.

Fidia S.p.A. announced the conversion of 10 bonds into 344,827 new shares by Global Growth Holding Limited, at a conversion price of Euro 0.29 per share. This conversion is part of a larger convertible bond loan with warrants, resulting in an increase of the company’s share capital by Euro 100,000, bringing the total share capital to Euro 6,547,761.90 and the total number of shares to 9,822,623.

More about Fidia Spa

Fidia S.p.A. is a global leader in the design, production, and marketing of high-performance integrated milling systems, primarily serving the automotive and aerospace sectors. With over 40 years of experience and approximately 135 employees, the company offers comprehensive solutions covering the entire milling process, including numerical controls, high-speed milling systems, and CAM software for complex shapes.

Average Trading Volume: 545,089

Technical Sentiment Signal: Strong Sell

Current Market Cap: €2.6M

For a thorough assessment of FDA stock, go to TipRanks’ Stock Analysis page.

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