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Kaldvík AS Completes NOK 532 Million Private Placement

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Kaldvík AS Completes NOK 532 Million Private Placement

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Ice Fish Farm AS ( (DE:4YYA) ) has provided an update.

Kaldvík AS has successfully completed a private placement, raising approximately NOK 532 million (EUR 46.2 million) through the issuance of new shares. This strategic move involves key insiders and their associates, with Austur Holding AS and AR-Invest AS participating significantly in the share subscription. The private placement is divided into two tranches, with the second tranche pending approval by the company’s extraordinary general meeting. This capital raise is expected to enhance Kaldvík’s financial positioning and operational capabilities, potentially impacting its market presence and stakeholder interests.

More about Ice Fish Farm AS

Average Trading Volume: 5,167

Current Market Cap: NOK1.98B

For a thorough assessment of 4YYA stock, go to TipRanks’ Stock Analysis page.

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