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Norsk Titanium’s Oversubscribed Share Offering Raises NOK 40.7 Million

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Norsk Titanium’s Oversubscribed Share Offering Raises NOK 40.7 Million

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

Norsk Titanium AS announced that its recent Subsequent Offering of 40,726,800 new shares was oversubscribed, receiving valid subscriptions for over 106 million shares. This successful offering will raise NOK 40,726,800 in gross proceeds, enhancing the company’s financial position and potentially strengthening its market presence.

More about Norsk Titanium AS

Norsk Titanium is a global leader in metal 3D printing, specializing in innovative and sustainable manufacturing processes. The company utilizes its proprietary Rapid Plasma Deposition® technology to produce cost-efficient, value-added metal parts for a large market, including commercial aircraft and defense sectors.

Average Trading Volume: 4,576,352

Current Market Cap: NOK986.9M

Find detailed analytics on 84F stock on TipRanks’ Stock Analysis page.

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