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Gigante Salmon calls EGM to approve new share issue and potential subsequent offering

Story Highlights
  • Gigante Salmon has called a February 2026 extraordinary meeting to seek approval for issuing 5,000,000 new offer shares.
  • The company aims to bolster its capital base and authorize further share capital increases to support its land-based salmon farming strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gigante Salmon calls EGM to approve new share issue and potential subsequent offering

Meet Samuel – Your Personal Investing Prophet

Gigante Salmon AS ( (DE:96M) ) just unveiled an update.

Gigante Salmon AS has called an extraordinary general meeting for 25 February 2026 at its offices in Bodø, following the recent completion of a private placement and retail offering. The meeting will consider a proposal to issue 5,000,000 new offer shares and to authorize the board to increase share capital in connection with a potential subsequent offering.

These measures signal an effort to strengthen the company’s capital base as it progresses its first land-based salmon farming facility and seeks to advance its hybrid flow-through aquaculture concept. The notice, agenda, and related documentation will be distributed to shareholders and made available on the company’s website, underscoring the regulatory and disclosure requirements under the Norwegian Securities Trading Act.

More about Gigante Salmon AS

Gigante Salmon AS is a Norwegian land-based salmon farming company currently constructing its first production facility at Lille Indre Rosøy in Rødøy municipality. The company’s aquaculture model uses a flow-through system designed to combine the benefits of conventional sea-based and land-based farming, while mitigating key environmental and operational challenges associated with traditional sea pens.

Average Trading Volume: 86,168

Current Market Cap: NOK1.43B

For a thorough assessment of 96M stock, go to TipRanks’ Stock Analysis page.

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