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An update from Norsk Titanium AS ( (DE:84F) ) is now available.
Norsk Titanium AS has announced a subsequent offering of up to 40,726,800 new shares at a subscription price of NOK 1.00 per share, aiming to raise gross proceeds of up to NOK 40,726,800. This move is part of the company’s efforts to strengthen its financial position and expand its market presence, with Arctic Securities AS and Pareto Securities AS acting as joint global coordinators and bookrunners for the offering.
More about Norsk Titanium AS
Norsk Titanium is a global leader in metal 3D printing, focusing on innovative and sustainable manufacturing processes. Utilizing its proprietary Rapid Plasma Deposition® technology, the company offers cost-efficient production of metal parts with reduced raw material, energy, and time consumption. Norsk Titanium serves a large market, including commercial aircraft, defense, and industrial sectors, with an installed production capacity capable of generating annual revenues of approximately USD 300 million.
Average Trading Volume: 4,589,970
Current Market Cap: NOK1.08B
See more insights into 84F stock on TipRanks’ Stock Analysis page.