Tiscali SPA (IT:TSL) has released an update.
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Tessellis S.p.A. has announced a change in its share capital following Nice&Green S.A.’s conversion request, resulting in the issuance of 1,885,606 new ordinary shares. The conversion price was set at €0.3182 per share, marking a strategic financial move for the company. This adjustment reflects Tessellis’ ongoing efforts to optimize its capital structure.
For further insights into IT:TSL stock, check out TipRanks’ Stock Analysis page.