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Norsk Titanium Expands Share Capital with New Issuance

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Norsk Titanium Expands Share Capital with New Issuance

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An announcement from Norsk Titanium AS ( (DE:84F) ) is now available.

Norsk Titanium AS has announced the issuance of 105,553,600 new shares as part of a private placement, increasing its registered share capital. This move is expected to enhance the company’s financial structure and support its ongoing operations in the metal 3D printing industry, potentially strengthening its market position and benefiting stakeholders.

More about Norsk Titanium AS

Norsk Titanium is a global leader in metal 3D printing, known for its innovative Rapid Plasma Deposition® (RPD®) technology. This technology facilitates a clean and sustainable manufacturing process, offering cost-efficient 3D printing of metal parts. The company serves a large market, including commercial aircraft, defense, and industrial sectors, with an annual revenue capacity of approximately USD 300 million.

Average Trading Volume: 4,514,620

Current Market Cap: NOK1.06B

See more insights into 84F stock on TipRanks’ Stock Analysis page.

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