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The latest update is out from Desert Control AS ( (DE:8KT) ).
Desert Control AS held its annual general meeting on September 5, 2025, where the board approved a fully underwritten rights issue to raise NOK 75 million. This move is expected to support the company’s financial stability and enhance its market position in providing sustainable agricultural solutions. The rights issue will commence on September 10, 2025, and is managed by Arctic Securities AS, with legal advice from Advokatfirmaet Selmer AS and Advokatfirmaet Thommessen AS.
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) technology, which transforms sandy soils to retain water and nutrients, thereby improving soil health, crop yields, and ecosystem vitality. Desert Control provides customized solutions to strengthen sustainability, profitability, and prosperity for agriculture, forests, and green landscapes.
Average Trading Volume: 286,854
Current Market Cap: NOK129.5M
See more insights into 8KT stock on TipRanks’ Stock Analysis page.