NEL ASA ( (NLLSF) ) just unveiled an update.
Nel ASA has completed the registration of its share capital increase following a private placement with SAMSUNG E&A, resulting in a new registered share capital of NOK 367,691,566.80. This development signifies a strategic financial move that could enhance Nel’s operational capabilities and strengthen its position in the hydrogen technology sector.
More about NEL ASA
Nel ASA is a leading company in hydrogen electrolyser technology, with a history dating back to 1927. It specializes in Alkaline and PEM technology for producing renewable hydrogen, which is crucial for enabling a green hydrogen economy. The company’s products help decarbonize industries such as transportation, refining, steel, and ammonia.
YTD Price Performance: 2.80%
Average Trading Volume: 40,666
Technical Sentiment Signal: Buy
Current Market Cap: $452.4M
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