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An announcement from Fidia Spa ( (IT:FDA) ) is now available.
Fidia S.p.A. has announced the conversion of 10 bonds into 400,000 new shares at a price of Euro 0.25 per share, as part of their convertible bond loan with warrants. This conversion will increase the company’s share capital by Euro 100,000, bringing the total to Euro 7,147,761.90, and the total number of shares to 12,052,385. The move reflects Fidia’s ongoing efforts to strengthen its financial position and enhance its market presence.
More about Fidia Spa
Fidia S.p.A., based in San Mauro Torinese, is a global leader in the design, production, and marketing of high-performance integrated milling systems, primarily serving the mold sector for the automotive and aerospace industries. With over 40 years of experience and approximately 135 employees, Fidia is renowned for its comprehensive solutions in the milling process, offering products such as numerical controls, high-speed milling systems, and CAM software for complex shapes.
Average Trading Volume: 501,242
Technical Sentiment Signal: Strong Sell
Current Market Cap: €2.15M
Learn more about FDA stock on TipRanks’ Stock Analysis page.
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