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M Vest Water AS Completes Successful Private Placement

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M Vest Water AS Completes Successful Private Placement

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The latest announcement is out from M Vest Water AS ( (DE:7YA) ).

M Vest Water AS has announced a successful private placement of 1,000,000 new shares at NOK 8.00 each. M Vest Invest AS, associated with the chairperson of the board, subscribed to a significant portion of these shares, including a conversion of a shareholder loan into equity. This move strengthens M Vest Water’s financial position and reflects confidence in its growth prospects.

More about M Vest Water AS

M Vest Water AS is an environmental technology company specializing in innovative water treatment solutions for both industrial and municipal markets. Their products are non-toxic, biodegradable, and environmentally friendly, achieving high purification levels cost-effectively. The company is publicly listed on Euronext Growth under the ticker MVW.

Average Trading Volume: 18,203

Current Market Cap: NOK256.5M

For detailed information about 7YA stock, go to TipRanks’ Stock Analysis page.

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