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An announcement from Desert Control AS ( (DE:8KT) ) is now available.
Desert Control AS has announced a fully underwritten rights issue to raise NOK 75 million, with subscription rights allocated to primary insiders and their close associates. This move aims to strengthen the company’s financial position, supporting its mission to combat desertification and enhance sustainability in agriculture and green landscapes.
More about Desert Control AS
Desert Control develops innovative solutions to enhance soil health, conserve water, and promote ecosystem resilience. The company’s mission is to combat desertification, soil degradation, and water scarcity through its patented Liquid Natural Clay (LNC), which transforms sandy soils to retain water and nutrients, improving soil health and crop yields.
Average Trading Volume: 410,261
Current Market Cap: NOK237M
See more data about 8KT stock on TipRanks’ Stock Analysis page.