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Mare Engineering Group SpA ( (IT:MARE) ) has provided an announcement.
Mare Engineering Group S.p.A. has successfully completed the subscription of an additional 34,067 shares, valued at Euro 153,301.50, as part of a capital increase initiative. This move marks the full closure of the capital increase, reflecting the company’s strategic efforts to bolster its financial position and expand its market influence.
More about Mare Engineering Group SpA
Founded in 2001, Mare Engineering Group S.p.A. is an engineering company listed on Euronext Growth Milan. The company operates both in Italy and internationally, focusing on innovation through enabling technologies. With a client base exceeding 2,000 and a workforce of over 500 across 25 offices in five countries, Mare Group is a significant player in the innovation ecosystem. The company has made substantial investments in research and development and has completed 16 acquisitions since 2019 to enhance its product portfolio and market presence.
Average Trading Volume: 36,502
Technical Sentiment Signal: Strong Buy
Current Market Cap: €60.51M
For a thorough assessment of MARE stock, go to TipRanks’ Stock Analysis page.