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Gigante Salmon AS ( (DE:96M) ) has provided an update.
Gigante Salmon AS has confirmed that its shares will trade without rights to participate in a planned subsequent share offering from 11 February 2026. The contemplated offering would involve non-tradeable subscription rights for up to 5,333,333 new shares, following the recent completion of a private placement, and signals the company’s continued efforts to strengthen its capital base as it builds out its land-based salmon farming operations.
The exclusion of subsequent offering rights from trading clarifies which existing shareholders may participate in the new share issue, potentially affecting investor positioning and liquidity around the stock. The move underscores the company’s reliance on equity financing to support its ongoing facility construction and may modestly dilute existing holdings while enabling further progress on its growth strategy in land-based aquaculture.
More about Gigante Salmon AS
Gigante Salmon AS is a Norwegian land-based salmon farming company developing its first production facility on Lille Indre Rosøy in Rødøy. Its aquaculture concept uses a flow-through system that aims to blend the advantages of conventional sea-based and land-based farming while addressing key environmental and operational challenges of traditional marine operations.
Average Trading Volume: 86,168
Current Market Cap: NOK1.43B
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