The latest announcement is out from Fidia Spa ( (IT:FDA) ).
Fidia S.p.A. announced the conversion of 10 bonds into 10,000,000 new shares at a price of Euro 0.01 per share, increasing the company’s share capital by Euro 100,000 to Euro 15,523,000. This move is part of a larger capital increase strategy, with potential further conversions and subscriptions, impacting the company’s market presence and shareholder value.
More about Fidia Spa
Fidia S.p.A., based in San Mauro Torinese, is a global leader in the design, production, and marketing of high-performance integrated milling systems, primarily serving the automotive and aerospace sectors. With over 50 years of experience, Fidia specializes in numerical controls, high-speed milling systems, and CAM software, offering comprehensive solutions for the entire milling process.
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €542.5K
For detailed information about FDA stock, go to TipRanks’ Stock Analysis page.