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M Vest Water AS ( (DE:7YA) ) has issued an announcement.
M Vest Water AS has successfully completed a private placement of 1,000,000 new shares and converted a shareholder loan into 1,577,836 additional shares, both at an offer price of NOK 8 per share. This capital increase, now registered with the Norwegian Register of Business Enterprises, strengthens the company’s financial position and potentially enhances its market presence in the water treatment industry.
More about M Vest Water AS
M Vest Water AS is an environmental technology company specializing in innovative water treatment solutions for both industrial and municipal markets. Their products are non-toxic, biodegradable, and environmentally friendly, achieving high purification levels cost-effectively. The company is listed on Euronext Growth under the ticker MVW.
Average Trading Volume: 18,724
Current Market Cap: NOK233M
Learn more about 7YA stock on TipRanks’ Stock Analysis page.