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ispace, inc. Announces New Share Issuance to Fund Future Lunar Missions

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ispace, inc. Announces New Share Issuance to Fund Future Lunar Missions

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ispace,inc. ( (JP:9348) ) has shared an announcement.

ispace, inc. has announced the issuance of new shares through a public offering and third-party allotment, alongside a secondary offering through over-allotment. This capital raising aims to secure funds for upcoming missions scheduled for 2027 and 2028, improve technology quality, and stabilize the company’s financial base, enhancing its ability to make flexible management decisions.

The most recent analyst rating on (JP:9348) stock is a Hold with a Yen523.00 price target. To see the full list of analyst forecasts on ispace,inc. stock, see the JP:9348 Stock Forecast page.

More about ispace,inc.

ispace, inc. operates in the aerospace industry, focusing on lunar exploration and development. The company is known for its missions aimed at advancing lunar lander technology and capturing market demand in space exploration.

Average Trading Volume: 1,401,440

Technical Sentiment Signal: Sell

Current Market Cap: Yen56.02B

Learn more about 9348 stock on TipRanks’ Stock Analysis page.

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