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Fidia Spa ( (IT:FDA) ) has provided an update.
Fidia S.p.A. announced the conversion of 10 bonds into 400,000 new shares at a price of Euro 0.25 per share, as part of a convertible bond loan with GGHL. This conversion increases the company’s share capital by Euro 100,000, bringing the total to Euro 7,247,761.90, and raises the number of shares to 12,452,385. The move is part of a broader capital increase strategy to support the company’s growth and market positioning.
More about Fidia Spa
Fidia S.p.A., headquartered in San Mauro Torinese, is a global leader in high-performance integrated milling systems, primarily serving the automotive and aerospace sectors. The company specializes in numerical controls, high-speed milling systems, and CAM software, offering comprehensive solutions for the entire milling process.
Average Trading Volume: 505,280
Technical Sentiment Signal: Strong Sell
Current Market Cap: €2.15M
Learn more about FDA stock on TipRanks’ Stock Analysis page.