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Norsk Titanium AS ( (DE:84F) ) just unveiled an update.
Norsk Titanium AS has announced the completion of a private placement of new shares and a potential subsequent offering of up to 40,726,800 new shares. This move is expected to enhance the company’s financial position and support its growth strategy in the metal 3D printing industry, further solidifying its market presence and offering stakeholders potential for increased value.
More about Norsk Titanium AS
Norsk Titanium is a global leader in metal 3D printing, specializing in innovative and sustainable manufacturing processes. Utilizing its proprietary Rapid Plasma Deposition® technology, the company produces cost-efficient, high-value metal parts for a large market, including commercial aircraft and defense industries, with an annual revenue capacity of approximately USD 300 million.
Average Trading Volume: 2,803,819
Current Market Cap: NOK1.22B
For a thorough assessment of 84F stock, go to TipRanks’ Stock Analysis page.