NEL ASA ( (NLLSF) ) has issued an update.
Nel ASA has announced an investment agreement with SAMSUNG E&A, resulting in an increase in share capital from NOK 334,265,060.80 to NOK 367,691,566.80 through the issuance of 167,132,530 new shares. This strategic move is expected to strengthen Nel’s market position and support its efforts in advancing the green hydrogen economy.
More about NEL ASA
Nel ASA is a leading company in the hydrogen electrolyser technology industry, with a history dating back to 1927. It specializes in Alkaline and PEM technology for producing renewable hydrogen, which is crucial for enabling a green hydrogen economy and decarbonizing industries such as transportation, refining, steel, and ammonia.
YTD Price Performance: -23.20%
Average Trading Volume: 36,655
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $318.1M
See more data about NLLSF stock on TipRanks’ Stock Analysis page.
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