Fidia Spa ( (IT:FDA) ) just unveiled an announcement.
Fidia S.p.A. has announced the issuance and subscription of 50 bonds from the tenth tranche of its convertible bond loan, with attached warrants, by Global Growth Holding Limited. This move is part of a capital increase initiative, with a total nominal value of Euro 500,000 subscribed and paid by GGHL. The issuance includes 83,333,333 new warrants, allowing for the subscription of Fidia shares, and reflects a strategic step in enhancing Fidia’s financial structure and market positioning.
More about Fidia Spa
Fidia S.p.A., based in San Mauro Torinese and listed on the Euronext Milan, is a global leader in the design, production, and marketing of high-performance integrated milling systems. These systems are primarily used in the mold sector for the automotive and aerospace industries. With over 40 years of experience, Fidia offers comprehensive solutions for the entire milling process, including numerical controls, high-speed milling systems, and CAM software.
Technical Sentiment Signal: Strong Sell
Current Market Cap: €1.6M
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