Paranapanema is trading at BRL 0.18 (-5.26%) as selling pressure continues following its approval of up to BRL 110 million in mandatory convertible debentures, potentially increasing share dilution.
- The company remains under judicial recovery and needs financing to meet a BRL 100 million creditor-payment obligation.
- Recent capital increases and creditor-to-equity conversions have already expanded the share count, reinforcing investor concerns.
- Trading activity and volume data were unavailable.