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Pomvom ( (IL:PMVM) ) just unveiled an update.
Pomvom has announced that Y.D. More Investments Ltd has become a stakeholder in the corporation through a private issuance of 776,900 ordinary shares. This move increases the holding rate to 2.69% of the capital and voting rights, with potential full dilution up to 3.18%. Y.D. More Investments, which operates as a hedge fund, is now positioned to potentially appoint a director to the company’s board, indicating a strategic investment that could influence future governance and direction.
More about Pomvom
YTD Price Performance: 39.48%
Average Trading Volume: 182,663
Current Market Cap: ILS32.32M
For an in-depth examination of PMVM stock, go to TipRanks’ Stock Analysis page.
