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ispace Completes Payment for New Share Issuance to Boost Growth

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ispace Completes Payment for New Share Issuance to Boost Growth

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ispace,inc. ( (JP:9348) ) has issued an update.

ispace, inc. announced the completion of payment for the issuance of new shares through a public offering and third-party allotment, approved by its Board of Directors. This move involves issuing a total of 37,595,800 shares, raising over 17 billion yen, and is expected to strengthen the company’s financial position and support its growth initiatives in the space exploration sector.

The most recent analyst rating on (JP:9348) stock is a Hold with a Yen533.00 price target. To see the full list of analyst forecasts on ispace,inc. stock, see the JP:9348 Stock Forecast page.

More about ispace,inc.

ispace, inc. operates in the aerospace industry, focusing on lunar exploration and development. The company is known for its innovative space missions and technology aimed at expanding human presence beyond Earth.

Average Trading Volume: 1,407,147

Technical Sentiment Signal: Sell

Current Market Cap: Yen52.04B

For detailed information about 9348 stock, go to TipRanks’ Stock Analysis page.

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