An announcement from MAGIS S.p.A. ( (IT:MGS) ) is now available.
Magis S.p.A. announced that the Acceleration Condition for its Warrants was met as the Monthly Average Price exceeded the Threshold Price. Warrant holders are required to subscribe for Compendium Shares by July 3, 2025, with the shares becoming available for trading shortly after. Warrants not exercised by the Expiry Date will become invalid.
More about MAGIS S.p.A.
Magis S.p.A., based in Cerreto Guidi, Tuscany, is a leading company specializing in the production of customized adhesive tapes and closure systems for body care for both children and adults. Founded in 1983 by Marco Marzi, the company is known for its innovative approach, including hot melt coating on polypropylene and protected printing techniques. Magis focuses on market needs, environmental sustainability, and high-quality standards, with a strong emphasis on high-quality printing and customization.
YTD Price Performance: 17.07%
Average Trading Volume: 4,344
Technical Sentiment Signal: Sell
See more data about MGS stock on TipRanks’ Stock Analysis page.