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Norsk Titanium AS ( (DE:84F) ) has shared an update.
Norsk Titanium AS has announced a Subsequent Offering following a private placement that raised NOK 183 million, aiming to raise up to an additional NOK 40,726,800. This offering is directed towards existing shareholders who were not part of the initial placement, allowing them to subscribe for new shares, thereby potentially enhancing the company’s capital for further growth and strengthening its market position.
More about Norsk Titanium AS
Norsk Titanium is a global leader in metal 3D printing, specializing in innovative and sustainable manufacturing processes. The company utilizes its proprietary Rapid Plasma Deposition® (RPD®) technology to produce metal parts efficiently, catering to a large market that includes commercial aircraft, defense, and industrial sectors.
Average Trading Volume: 4,589,970
Current Market Cap: NOK1.08B
See more insights into 84F stock on TipRanks’ Stock Analysis page.