tiprankstipranks
Sigma Additive Solutions Strategically Boosts Equity Position
Company Announcements

Sigma Additive Solutions Strategically Boosts Equity Position

Sigma Additive Solutions (SASI) has released an update.

Sigma Additive Solutions, Inc., after falling short of Nasdaq’s minimum stockholders’ equity requirement, believes it has regained compliance through strategic financial maneuvers. The company acquired NextTrip Holdings, sold assets to Divergent Technologies, and issued new shares, cumulatively bolstering its equity to approximately $5.4 million. These actions have bought Sigma Additive Solutions time until February 13, 2024, to prove sustained compliance or face potential delisting from Nasdaq.

For further insights into SASI stock, check out TipRanks’ Stock Analysis page.

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles