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Fidia Spa ( (IT:FDA) ) just unveiled an update.
Fidia S.p.A. announced the conversion of 10 bonds into 333,333 new shares by Global Growth Holding Limited, as part of a convertible bond loan with warrants. This conversion increases the company’s share capital by Euro 100,000, bringing the total to Euro 6,047,761.90, and raises the number of shares to 8,132,969. The move reflects Fidia’s ongoing capital management strategy, potentially enhancing its market position and providing additional liquidity for future growth.
More about Fidia Spa
Fidia S.p.A., based in San Mauro Torinese, is a leading company 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, Fidia is recognized for its comprehensive solutions in the milling process, including numerical controls, high-speed milling systems, and CAM software for complex shapes.
Average Trading Volume: 553,542
Technical Sentiment Signal: Strong Sell
Current Market Cap: €3.32M
Find detailed analytics on FDA stock on TipRanks’ Stock Analysis page.