Tessellis S.p.A. Adjusts Share Capital Structure

Tiscali SPA (IT:TSL) has released an update.

Tessellis S.p.A. has announced a change in its share capital following Nice&Green S.A.’s conversion request, resulting in the issuance of 1,885,606 new ordinary shares. The conversion price was set at €0.3182 per share, marking a strategic financial move for the company. This adjustment reflects Tessellis’ ongoing efforts to optimize its capital structure.

For further insights into IT:TSL stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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