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Norsk Titanium Completes Tranche 2 of Private Placement

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Norsk Titanium Completes Tranche 2 of Private Placement

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Norsk Titanium AS ( (DE:84F) ) has issued an update.

Norsk Titanium AS has announced the completion of Tranche 2 of its private placement, increasing its share capital to NOK 78,937,850.08. This move is part of the company’s strategy to enhance its financial position and support its growth in the metal 3D printing industry, leveraging its RPD® technology to meet the demands of a large addressable market.

More about Norsk Titanium AS

Norsk Titanium is a global leader in metal 3D printing, offering innovative solutions through its proprietary Rapid Plasma Deposition® (RPD®) technology. The company focuses on creating a clean and sustainable manufacturing process, providing cost-efficient 3D printing of metal parts to a large market, including commercial aircraft, defense, and industrial sectors.

Average Trading Volume: 4,609,299

Current Market Cap: NOK1.13B

For detailed information about 84F stock, go to TipRanks’ Stock Analysis page.

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