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Harmonychain AS ( (DE:7EW) ) just unveiled an update.
Lokotech Group AS is exploring a potential capital raise of NOK 125 to 175 million to fund its transition from research and development to mass production, focusing on the Scrypt ASIC design. The company has engaged financial advisors to aid in this process and has received interest from potential investors, including a US-based firm considering a convertible loan. The outcome of these efforts is crucial for Lokotech’s future plans and investments, although there are no guarantees of successful capital acquisition.
More about Harmonychain AS
YTD Price Performance: 37.91%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €41.97M
See more data about 7EW stock on TipRanks’ Stock Analysis page.
