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Private placement of Safetech heavily oversubscribed

Cybersecurity company Safetech Innovations said that the offer for private placement of 20% of its shares was oversubscribed 8.6 times by investors. The company, which planned to raise 2.5 million lei ($603,049/512,862 euro) from Bucharest Stock Exchange investors, saw its offer oversubscribed  within 37 seconds, Safetech said in a press release.  By the end of ...

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