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UMT United Mobility Technology AG ( (DE:UMDK) ) has provided an announcement.
UMT United Mobility Technology AG, a company involved in the financial sector, has announced the issuance of a 7% convertible bond worth up to EUR 1,300,000. This decision, approved by the Supervisory Board, excludes shareholders’ statutory subscription rights and involves receivables against the company. The bond, with a term from June 15, 2025, to June 14, 2028, aims to strengthen the company’s financial position while reducing a previous bond issue to EUR 816,343.
More about UMT United Mobility Technology AG
Average Trading Volume: 7,746
Technical Sentiment Signal: Sell
Current Market Cap: €2.43M
For a thorough assessment of UMDK stock, go to TipRanks’ Stock Analysis page.