Nokia Board of Directors resolved on issuing shares without consideration to the company and a subsequent directed issuance related to the planned completion of the Infinera Corporation ac...
Infinera Corporation (INFN)
Last infinera corporation earnings: 2/25 04:03 pm
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Source: Yahoo! Finance
Nokia Board of Directors resolved on issuing shares without consideration to the company and a subsequent directed issuance related to the planned completion of the Infinera Corporation acquisition Espoo, Finland – Nokia's Board of Directors has resolved to issue 150 000 000 new shares in a directed share issuance without consideration to Nokia Corporation. The new shares will be later used to satisfy the company's obligations under the Agreement and Plan of Merger made and entered into as of 27 June 2024, by and among Nokia Corporation, Neptune of America Corporation and Infinera Corporation (the “Merger Agreement”). Nokia expects that the new shares will be registered with the Finnish Trade Register on or about 25 November 2024 and entered in the book-entry system maintained by Euroclear Finland Ltd on or about 25 November 2024. The total number of Nokia shares following the registration will equal 5 763 496 565. The new shares will remain in Nokia Corporation's treasury pendin
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INFN
News
- Infinera Co. (NASDAQ: INFN) was downgraded by analysts at B. Riley from a "strong-buy" rating to a "hold" rating.MarketBeat
- Infinera Co. (NASDAQ: INFN) had its "neutral" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $6.65 price target on the stock.MarketBeat
- Infinera Corporation Reports Third Quarter 2024 Financial ResultsGlobeNewswire
- Infinera Co. (NASDAQ: INFN) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Why Nokia Fell After Posting Q3 2024 Earnings (Rating Downgrade) [Seeking Alpha]Seeking Alpha
INFN
Earnings
- 5/14/24 - Miss
INFN
Sec Filings
- 11/13/24 - Form SCHEDULE
- 11/6/24 - Form SCHEDULE
- 11/5/24 - Form 10-Q
- INFN's page on the SEC website