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The latest announcement is out from Napatech A/S ( (DE:NAT) ).
Napatech A/S has announced a private placement of up to 10 million new shares to raise capital, aimed at supporting its path to profitability by providing working capital for scaling operations. The placement is directed towards selected Norwegian and international investors, with the proceeds expected to facilitate efficient equity raising at a higher subscription price and lower cost compared to a rights issue, thus enhancing the company’s market positioning and operational capabilities.
More about Napatech A/S
Napatech is a leading supplier of programmable FPGA-based SmartNIC solutions, catering to telecom, cloud, enterprise, cybersecurity, and financial applications globally. The company enhances telecom, networking, and security workloads through high-performance hardware and commercial-grade software suites, optimizing server compute resources for applications and services.
YTD Price Performance: -21.57%
Average Trading Volume: 40,453
Current Market Cap: NOK2B
See more insights into NAT stock on TipRanks’ Stock Analysis page.