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Facephi Completes Capital Increase Post Convertible Bond Conversion
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Facephi Completes Capital Increase Post Convertible Bond Conversion

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An announcement from Facephi Biometria SA ( (ES:FACE) ) is now available.

Facephi Biometria SA has announced the completion of a capital increase following the conversion of convertible bonds by Nice & Green, resulting in the issuance of 365,163 new shares. This move marks the redemption of the 4th tranche of bonds and signifies a strategic financial adjustment, potentially impacting the company’s share capital and stakeholder interests.

More about Facephi Biometria SA

Facephi Biometria SA operates in the biometrics industry, offering advanced facial recognition technology. The company focuses on providing secure and innovative solutions for identity verification and customer onboarding processes across various sectors.

YTD Price Performance: 10.58%

Average Trading Volume: 2,397

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €38.86M

For a thorough assessment of FACE stock, go to TipRanks’ Stock Analysis page.

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