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SolidWorld Group Completes Capital Increase of 1.7 Million Euros

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SolidWorld Group Completes Capital Increase of 1.7 Million Euros

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Solid World Group S.p.A. ( (IT:S3D) ) has issued an announcement.

SolidWorld Group S.p.A. has successfully completed a capital increase, raising approximately 1.7 million euros, which is 68% of the maximum expected amount. This financial move enhances the company’s capital structure, potentially strengthening its market position and operational capabilities in the industrial design and 3D printing sectors. The completion of this capital increase reflects SolidWorld’s ongoing growth and expansion efforts, which include recent strategic acquisitions and technological advancements.

More about Solid World Group S.p.A.

SolidWorld Group S.p.A. is a leader in industrial design, 3D printing technologies, and the production of next-generation photovoltaic panels. Founded in the early 2000s by engineer Roberto Rizzo, the company operates in the industrial, biomedical, and solar sectors. It is listed on the Euronext Growth Milan market and supports manufacturing companies in their transition to Factory 5.0 through advanced digital 3D technologies. The group has over 220 employees, more than 10,000 client companies, and operates through 16 locations and 3 technology hubs.

YTD Price Performance: -39.05%

Average Trading Volume: 64,440

Technical Sentiment Signal: Buy

Current Market Cap: €21.33M

See more data about S3D stock on TipRanks’ Stock Analysis page.

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