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Tessellis Adjusts Share Capital Through Bond Conversion

Tessellis Adjusts Share Capital Through Bond Conversion

Tiscali SPA (IT:TSL) has released an update.

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Tessellis S.p.A. has adjusted its share capital following the conversion of seven convertible bonds requested by Nice&Green S.A., resulting in the issuance of over 2.7 million new ordinary shares. This change reflects Tessellis’ ongoing financial maneuvers to optimize its capital structure and enhance shareholder value.

For further insights into IT:TSL stock, check out TipRanks’ Stock Analysis page.

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