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Redelfi Completes Final Exercise Period of 2022-2025 Warrants

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Redelfi Completes Final Exercise Period of 2022-2025 Warrants

Elevate Your Investing Strategy:

An announcement from Redelfi S.p.A. ( (IT:RDF) ) is now available.

Redelfi S.p.A. announced the results of the third and final exercise period of its ‘Redelfi 2022-2025’ warrants, where 739,970 warrants were exercised, resulting in the subscription of 369,985 new shares at a total value of Euro 1,231,310.09. This exercise period marks a significant step in Redelfi’s financial activities, potentially impacting its market presence and shareholder value, as the issuance of new shares will be available for trading shortly after the exercise period.

The most recent analyst rating on (IT:RDF) stock is a Buy with a EUR11.50 price target. To see the full list of analyst forecasts on Redelfi S.p.A. stock, see the IT:RDF Stock Forecast page.

More about Redelfi S.p.A.

Redelfi S.p.A. is a company leading an industrial group focused on developing innovative and sustainable infrastructures to promote energy transition. It specializes in Battery Energy Storage Systems and adheres to ESG principles in its business management. In 2024, the company reported a production value of Euro 19.8 million, a net result of Euro 3 million, and an EBITDA of Euro 9.4 million, with a net financial position cash negative for Euro 19.5 million and net equity of Euro 24.4 million.

Average Trading Volume: 45,208

Technical Sentiment Signal: Strong Buy

Current Market Cap: €76.02M

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

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