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Solid World Group S.p.A. ( (IT:S3D) ) has issued an update.
SolidWorld Group S.p.A. announced the placement of 262,350 unsubscribed shares from a capital increase option, raising approximately 2.0 million euros, which is about 81% of the maximum expected. This strategic move is part of the company’s efforts to strengthen its financial position and support its growth in the industrial, biomedical, and solar sectors. The remaining shares may be placed by the end of 2025, potentially impacting the company’s market presence and stakeholder interests.
More about Solid World Group S.p.A.
SolidWorld Group S.p.A. is a leader in industrial design, 3D printing technologies, and solar sector solutions, operating through 16 locations and 3 technology hubs. Founded in the early 2000s, the company is listed on the Euronext Growth Milan market and integrates advanced 3D digital technologies to enhance manufacturing processes towards Factory 5.0. With over 220 employees and more than 10,000 client companies, SolidWorld has expanded its capabilities through acquisitions and innovations such as the Electrospider 3D bioprinter.
YTD Price Performance: -41.54%
Average Trading Volume: 71,879
Technical Sentiment Signal: Buy
Current Market Cap: €20.46M
Find detailed analytics on S3D stock on TipRanks’ Stock Analysis page.