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Hexagon Composites ( (HXGCF) ) has shared an announcement.
Hexagon Composites announced the successful completion of a private placement of over 42 million new shares at NOK 14 each. However, due to the shares trading below the subscription price, the company decided not to proceed with a subsequent offering, allowing existing shareholders to purchase shares at lower market prices.
More about Hexagon Composites
Hexagon Composites is a company that provides safe and innovative solutions for a cleaner energy future. Their offerings enable the storage, transportation, and conversion to clean energy across various mobility and industrial applications.
YTD Price Performance: -71.74%
Average Trading Volume: 2,903,867
Current Market Cap: NOK3.22B
See more insights into HXGCF stock on TipRanks’ Stock Analysis page.