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Energy Plug Technologies Closes Oversubscribed Private Placement

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Energy Plug Technologies Closes Oversubscribed Private Placement

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Energy Plug Technologies ( (TSE:PLUG) ) just unveiled an announcement.

Energy Plug Technologies Corp. has successfully closed an oversubscribed non-brokered private placement, raising a total of $1,217,999 through the issuance of 8,119,993 units. The proceeds from this financing will support general working capital, reflecting strong investor interest and the company’s progress in recent months.

More about Energy Plug Technologies

Energy Plug Technologies Corp. is an energy technology company focused on innovation and sustainability, advancing battery technologies for energy storage applications across residential, commercial, and utility sectors. The company collaborates with leading technology companies and Indigenous communities to enhance energy management and grid resiliency and is based in British Columbia.

YTD Price Performance: -25.00%

Average Trading Volume: 30,265

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $7.66M

Find detailed analytics on PLUG stock on TipRanks’ Stock Analysis page.

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