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Arctic Fish Announces EUR 35 Million Private Placement with Potential Subsequent Offering

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Arctic Fish Announces EUR 35 Million Private Placement with Potential Subsequent Offering

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Arctic Fish Holding AS ( (DE:6TW) ) has issued an update.

Arctic Fish Holding AS announced a private placement of EUR 35 million through the issuance of 13,128,300 new shares, with a potential subsequent offering for existing shareholders. The board will decide on the subsequent offering based on share price developments and corporate resolutions, with the company reserving the right to cancel it.

More about Arctic Fish Holding AS

Arctic Fish (AFISH) is a leading salmon farmer in Iceland, focusing on a sustainable value chain from smolt to sales. The company has a production capacity of 29,800 tonnes MAB, with licenses in 10 farming areas across 5 fjords in the Westfjords of Iceland.

Average Trading Volume: 3,768

Current Market Cap: NOK1.01B

For an in-depth examination of 6TW stock, go to TipRanks’ Overview page.

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