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4Mass debuted on NewConnect

12:03

On Thursday 4Mass started trading on NewConnect market. As part of a private and public offer, the company raised about PLN 3 million. The issue price of series B shares was set at PLN 0.1, and series C shares were priced at PLN 0.33.

In the long-term 4Mass plans to expand the offer of products and increase sales in large retail chains as well as through own online stores. In addition, the company wants to grow in foreign markets. In July 2018, 4Mass entered into a distribution agreement in Lithuania, Latvia, and Estonia, and is currently negotiating expansion to Belarus, Ukraine, and Russia.

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