tiprankstipranks
Trending News
More News >

Kaldvík AS Completes Successful NOK 532 Million Private Placement

Story Highlights
Kaldvík AS Completes Successful NOK 532 Million Private Placement

Confident Investing Starts Here:

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

Kaldvík AS has successfully completed a private placement of new shares, raising approximately NOK 532 million (EUR 46.2 million). This transaction involves significant participation from close associates of the company’s primary insiders, with Austur Holding AS and AR-Invest AS subscribing to substantial shares. The private placement is structured in two tranches, with the second tranche pending approval at an extraordinary general meeting. This strategic move is expected to enhance the company’s financial position and facilitate future growth opportunities.

More about Ice Fish Farm AS

Average Trading Volume: 5,167

Current Market Cap: NOK1.98B

Find detailed analytics on 4YYA stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App