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Tekna Holding ASA Concludes NOK 300 Million Rights Issue

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Tekna Holding ASA Concludes NOK 300 Million Rights Issue

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An announcement from Tekna Holding AS ( (DE:8VB) ) is now available.

Tekna Holding ASA announced the conclusion of its subscription period for a fully underwritten rights issue aimed at raising NOK 300 million through the issuance of 100,000,000 new shares. This strategic move is expected to bolster the company’s financial position and support its growth initiatives in the fast-growing advanced materials sector, potentially enhancing its market competitiveness and delivering value to stakeholders.

More about Tekna Holding AS

Tekna Holding ASA is a leading provider of sustainable, advanced material solutions, headquartered in Sherbrooke, Canada. The company specializes in high-purity metal powders used in critical applications such as additive manufacturing across aerospace, defense, medical, and consumer electronics industries. Tekna is also advancing in the market of advanced nanomaterials for microelectronics and develops induction plasma systems for industrial research and production.

Average Trading Volume: 42,343

Current Market Cap: NOK698.3M

See more data about 8VB stock on TipRanks’ Stock Analysis page.

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