Last Friday the leading graphene firm NanoXplore Inc (OTCMKTS:NNXPF) was in the news after it announced the date of its Annual Shareholders Meeting. The company announced that the Annual Meeting of Shareholders was going to be held on December 14, 2022.
On Friday, NNXPF stock rose 0.98% to $2.0700 with more than 2.42K shares, compared to its average volume of 12.93K shares. The stock moved within a range of $2.0273 – 2.0900 after opening trade at $2.0368.
NanoXplore To Discuss Its Five-Year Strategic Plan at Its Upcoming Annual Meeting of Shareholders
The meeting in question is going to commence at 10 in the morning Eastern Standard Time and will be held in-person. There are going to be no recordings of the meeting. During the course of the meeting NanoXplore is going to discuss a range of issues with the shareholders including the 5 year strategic plan that it has devised. In addition to that, the company would also provide a detailed overview of its work with regards to battery materials.
Only those shareholders who had been shareholders of record as on November 10, 2022 are entitled to attend the meeting. The company is mainly involved in the manufacturing and supply of graphene powder of higher volume. In addition to that, the company is also well-known for providing graphene-enhanced plastic as well as composite products to a range of customers. It is going to be interesting to see if the stock comes into focus or not in the days leading up to the meeting.
NNXPF stock is trading below the 20-Day and 50-Day Moving averages of $2.11 and $2.25 respectively. Moreover, the stock is trading below the 200-Day moving average of $2.75.