Tiscali SPA (IT:TSL) has released an update.
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Tessellis S.p.A. announced an increase in its share capital following the conversion of bonds by Nice&Green S.A., resulting in the issuance of 1,874,414 new ordinary shares. Additionally, 15 convertible bonds worth a total of €1,500,000 were subscribed, marking a strategic financial move for the company. These developments are part of Tessellis’s broader growth and financial strategy.
For further insights into IT:TSL stock, check out TipRanks’ Stock Analysis page.
