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.
Rhea-AI Summary
DIRTT Environmental Solutions announces the adoption of a shareholder rights plan following a successful rights offering that raised CAD$30 million. The plan aims to limit ownership concentration and is supported by the Company's largest shareholders. The proposal will be subject to shareholder ratification and aims to secure future growth and success for DIRTT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
-
Rhea-AI Summary
DIRTT Environmental Solutions Ltd. announces amendments to its offer to purchase debentures, following SEC review. The Company aims to repurchase up to C$6,000,000 of its 6.00% convertible unsecured subordinated debentures due January 31, 2026, and up to C$9,000,000 of its 6.25% convertible unsecured subordinated debentures due December 31, 2026. The Issuer Bid remains subject to initial terms and conditions, with the expiration date set for March 22, 2024. Debentureholders are advised to review the updated documents carefully for tendering instructions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.98%
Tags
-
Rhea-AI Summary
DIRTT Environmental Solutions Ltd. announces Shally Pannikode joining the Board of Directors, bringing extensive technology and healthcare expertise to drive digital innovation and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.36%
Tags
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.26%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.77%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
Rhea-AI Summary
NOLL, SHAUN reports acquisition of 16.3% of DIRTT Environmental Solutions Ltd. shares through Rights Offering
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.84%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.37%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.78%
Tags
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.59%
Tags
FAQ
What is the current stock price of DIRTT ENVIRONMENTAL SLTNS (DRTTF)?
The current stock price of DIRTT ENVIRONMENTAL SLTNS (DRTTF) is $0.79 as of January 29, 2025.
What is the market cap of DIRTT ENVIRONMENTAL SLTNS (DRTTF)?
The market cap of DIRTT ENVIRONMENTAL SLTNS (DRTTF) is approximately 152.8M.
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
152.81M
128.91M
33.3%
28.7%
0.7%
Engineering & Construction
Industrials
United States of America
Calgary