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Aston Martin Faces Financial Struggles, Plans to Raise Additional Capital Following Profit Warning

Aston Martin Faces Financial Struggles, Plans to Raise Additional Capital Following Profit Warning
6 months ago

Aston Martin Lagonda Global Holdings, the luxury British automotive brand known for its high-performance sports cars, has issued another profit warning, prompting the need for further capital raising. The company, which has faced a series of financial difficulties this year, announced its intention to bolster its financial health through the issuance of new equity in an effort to secure approximately £200 million (about $248 million) in cash.

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