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DIRTT ENVIRONMENTAL SLTNS - DRTTF STOCK NEWS

Welcome to our dedicated page for DIRTT ENVIRONMENTAL SLTNS news (Ticker: DRTTF), a resource for investors and traders seeking the latest updates and insights on DIRTT ENVIRONMENTAL SLTNS stock.

DIRTT Environmental Solutions (DRTTF) is a leading company known for creating award-winning custom prefab interiors for various industries like corporate, government, education, and healthcare. They offer innovative construction solutions that are faster, cleaner, highly customizable, and eco-friendly, reducing the carbon footprint of buildings. With manufacturing facilities in Phoenix, Savannah, Kelowna, and Calgary, DIRTT collaborates with distribution partners across North America, the Middle East, and Asia to deliver exceptional solutions. Visit their website at www.dirtt.net for more details.

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DIRTT Environmental Solutions Ltd. announced its financial results for Q4 2023, with revenue of $50.9 million, up 20% YoY. Gross profit improved to $19.2 million, net income of $1.0 million, and adjusted EBITDA of $4.3 million. The company reduced long-term debt, closed a rights offering, and extended its RBC facility. Management highlighted positive decisions impacting revenue growth and cost structure.
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DIRTT Environmental Solutions Ltd. announced a substantial issuer bid and tender offer to repurchase up to C$6,000,000 of its January Debentures and up to C$9,000,000 of its December Debentures. The Issuer Bid will be funded through proceeds from a previously completed rights offering. The Company will purchase a pro-rated portion of the Debentures if the total amount tendered exceeds the set limit. The formal offer documents will be available on February 15, 2024, and the Issuer Bid will be open for acceptance until March 22, 2024.
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DIRTT Environmental Solutions Ltd. announces strong financial results for Q4 2023 and full year 2023, with revenue increases and debt reduction. Net income improved significantly compared to the previous year. The company also successfully closed a rights offering and extended its RBC Facility.
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NOLL, SHAUN reports acquisition of 16.3% of DIRTT Environmental Solutions Ltd. shares through Rights Offering
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DIRTT Environmental Solutions Ltd. (DRTT) completes a successful rights offering, issuing 85,714,285 common shares at a price of C$0.35 per share, resulting in aggregate gross proceeds of C$30,000,000. The offering expired on January 5, 2024, with insiders acquiring approximately 61,374,653 common shares under the offering, representing total subscription proceeds of approximately C$21,481,128.55.
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DIRTT (DRT) and SourceBlue, a division of Turner Construction, have announced a strategic alliance to transform the supply chain management process for construction projects. SourceBlue will offer DIRTT clients and Construction Partners a single point of contact for all of their supply chain planning and procurement requirements, aiming to address the pain points and challenges faced by the construction industry. This partnership will enable construction professionals to optimize their workflows, streamline communication, and achieve greater cost and time savings.
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DIRTT Environmental Solutions Ltd. (DRTT) announced the filing of an amended and restated rights offering notice and circular for a Rights Offering to its common shareholders for aggregate gross proceeds of C$30,000,000. The offering is backed by a standby purchase agreement and 2 significant shareholders providing a standby commitment. The terms of the offering remain unchanged, and full details are available on the Company’s profile on SEDAR and the U.S. Prospectus on EDGAR.
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DIRTT Environmental Solutions Ltd. (DRTT) and its Construction Partner BOLTT have been awarded over $3M in Indianapolis construction projects for Gaylor Electric’s (Gaylor) national headquarters and a new high profile office space for FORVIS. Gaylor Electric was impressed with DIRTT’s ability to provide freestanding offices and conference rooms, as well as their modular electrical system that allowed for future flexibility. The Gaylor Electric national headquarters building also has a unique electrical floor duct system and DIRTT’s modular quick-connect electrical will provide the flexibility to power the offices and provide future adaptations and reconfigurations. FORVIS Indianapolis leadership decided to leverage DIRTT's construction system after understanding the full solution package it provides, complete with timber solutions, in their new six-floor 300,000 square foot space located in the Bottleworks development by Hendricks Commercial Properties.
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DIRTT Environmental Solutions (DIRTT) (DRT) and Evo Business Environments (Evo) have secured construction projects for the Arkansas Attorney General and national firm PB2 Architecture & Engineering, valued over $2.5M USD. Evo's strong reputation for excellence in interior buildouts, combined with DIRTT's competitive lead-times, quality offerings, and streamlined methodology, were instrumental in securing the projects.
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DIRTT Environmental Solutions Ltd. (DRT) announces rights offering to common shareholders for C$30,000,000, with a subscription price of C$0.35 per share, representing a 25% discount to the 5-day volume weighted average trading price on the TSX.
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FAQ

What is the current stock price of DIRTT ENVIRONMENTAL SLTNS (DRTTF)?

The current stock price of DIRTT ENVIRONMENTAL SLTNS (DRTTF) is $0.65 as of October 15, 2024.

What is the market cap of DIRTT ENVIRONMENTAL SLTNS (DRTTF)?

The market cap of DIRTT ENVIRONMENTAL SLTNS (DRTTF) is approximately 131.2M.

What industries does DIRTT Environmental Solutions cater to?

DIRTT serves industries such as corporate, government, education, and healthcare with their custom prefab interiors.

Where are DIRTT's manufacturing facilities located?

DIRTT has manufacturing facilities in Phoenix, Savannah, Kelowna, and Calgary.

What sets DIRTT apart from other construction solutions?

DIRTT's innovative approach offers faster, cleaner construction, high customization, flexibility, and reduced carbon footprint.

Which regions does DIRTT operate in through their distribution partners?

DIRTT collaborates with distribution partners across North America, the Middle East, and Asia.

How can I learn more about DIRTT Environmental Solutions?

For more information about DIRTT Environmental Solutions, visit their website at www.dirtt.net.

DIRTT ENVIRONMENTAL SLTNS

OTC:DRTTF

DRTTF Rankings

DRTTF Stock Data

131.23M
78.73M
33.35%
28.76%
0.7%
Engineering & Construction
Industrials
Link
United States of America
Calgary