Ellomay (ELLO) has released an update.
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Ellomay Capital Ltd. has filed a new shelf prospectus with the Israel Securities Authority, allowing the company to raise funds through the sale of various securities over the next two years. This move provides Ellomay with the flexibility to generate capital as needed, though no specific offerings have been decided yet. Meanwhile, Dorad Energy Ltd., a company in which Ellomay holds a stake, is navigating regulatory challenges that could impact its financial results.
For further insights into ELLO stock, check out TipRanks’ Stock Analysis page.
