Atlantic Sapphire Announces Rights Issue Details
Company Announcements

Atlantic Sapphire Announces Rights Issue Details

Atlantic Sapphire (AASZF) has released an update.

Atlantic Sapphire ASA has announced the key details of its underwritten rights issue, including a subscription price of NOK 0.10 per share, with an ex-date of September 18, 2024. Shareholders will have preferential rights to purchase new shares at a ratio of 61.0552 per existing share, with a 1:1 subscription ratio for the rights issue. Additionally, subscribers and underwriters will receive free warrants, with the company aiming to list these warrants on the Oslo Børs post-rights issue.

For further insights into AASZF stock, check out TipRanks’ Stock Analysis page.

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