Cellebrite DI (CLBT) has released an update.
Cellebrite DI Ltd. has announced that its ordinary shares have achieved a significant milestone, trading at or above $17.50 for 20 days within a 30-day period. This achievement triggers the issuance of 5 million additional shares to shareholders under the terms of a previous merger agreement. This development could be of interest to investors watching the company’s stock performance.
For further insights into CLBT stock, check out TipRanks’ Stock Analysis page.