Eqva ASA Initiates Private Placement to Fund Expansion

Havyard Group ASA (DE:1H2) has released an update.

Eqva ASA has launched a private placement of new shares to raise between NOK 15 and 25 million at NOK 4.80 per share, directed towards Norwegian and international investors. The funds raised will be used for business expansion, including M&A transactions that align with the company’s strategic focus, and for general corporate purposes. The offering is supported by underwriters who have committed to a minimum amount, with a bookbuilding period starting on October 3, 2024, and potential adjustments to the period’s length.

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