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Norsk Titanium AS ( (DE:84F) ) has issued an update.
Norsk Titanium AS announced the completion of a private placement raising approximately NOK 183 million and plans for a potential subsequent offering of up to 40,726,800 new shares. This move aims to strengthen the company’s financial position and expand its shareholder base, reflecting its strategic focus on growth and market expansion in the metal 3D printing industry.
More about Norsk Titanium AS
Norsk Titanium is a global leader in metal 3D printing, specializing in sustainable manufacturing through its proprietary Rapid Plasma Deposition® technology. The company focuses on producing cost-efficient, value-added metal parts for a large market, with significant applications in the aerospace, defense, and industrial sectors.
Average Trading Volume: 2,803,819
Current Market Cap: NOK1.22B
For an in-depth examination of 84F stock, go to TipRanks’ Overview page.