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Norsk Titanium Completes Share Capital Increase to Bolster Growth

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Norsk Titanium Completes Share Capital Increase to Bolster Growth

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An update from Norsk Titanium AS ( (DE:84F) ) is now available.

Norsk Titanium AS has completed the registration of a share capital increase following a subsequent offering of 40,276,800 new shares, raising the company’s registered share capital to NOK 82,195,994.08. This development is expected to enhance the company’s financial position, supporting its growth and operations in the metal 3D printing industry, particularly as it continues to expand its market presence with its innovative RPD® technology.

More about Norsk Titanium AS

Norsk Titanium is a global leader in metal 3D printing, pioneering a shift towards clean and sustainable manufacturing with its Rapid Plasma Deposition® technology. The company caters to a large market with cost-efficient 3D printing of metal parts, significantly reducing raw material, energy, and time usage compared to traditional methods. Their technology is already utilized in commercial aircraft and has gained traction with defense and industrial customers.

Average Trading Volume: 4,406,786

Current Market Cap: NOK1.1B

Learn more about 84F stock on TipRanks’ Stock Analysis page.

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