Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest update is out from Meglioquesto S.P.A. ( (IT:MQSPA) ).
MeglioQuesto S.p.A. has accepted a proposal from Borgosesia Alternative to guarantee the subscription of any unsubscribed shares as part of a capital increase under its recovery plan. This move, involving a total capital increase of 5 million euros, aims to stabilize the company’s financial position and ensure the successful execution of its recovery strategy. The arrangement includes conditions to prevent Borgosesia from exceeding a 30% voting rights threshold and involves a revolving loan to support operational activities.
More about Meglioquesto S.P.A.
MeglioQuesto S.p.A. is a phygital marketplace that integrates physical and digital channels to offer services and products to consumers and partner companies. Operating in Italy since 2011, it is listed on the Euronext Growth Milan market and collaborates with top-tier companies in telecommunications, energy, financial, and insurance sectors.
Technical Sentiment Signal: Sell
Current Market Cap: €11.37M
For a thorough assessment of MQSPA stock, go to TipRanks’ Stock Analysis page.