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The latest update is out from Zur ( (IL:ZUR) ).
Zur has announced the results of its prospectus offer, as per the requirements of the Securities Law and Regulations. The public offer was ultimately canceled, despite prior pre-obligation commitments made before the publication of the prospectus. The prospectus served as a shelf prospectus, with securities offered including commitment certificates amounting to 275,000,000 and 514,696,707 in total quantity. The announcement may impact stakeholders who were anticipating the public offer, indicating a strategic shift or adjustment in the company’s financing approach.
More about Zur
YTD Price Performance: 8.11%
Average Trading Volume: 20,294
Current Market Cap: ILS592.6M
See more insights into ZUR stock on TipRanks’ Stock Analysis page.