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Kingfish Zeeland BV ( (DE:93G) ) has shared an announcement.
Kingfish Zeeland BV has announced a private placement of 31,111,112 new shares at EUR 0.45 per share, raising EUR 14 million. This move aims to bolster its financial position and support expansion efforts. Key stakeholders, including Stolt-Nielsen M.S. Ltd and supervisory director Noam Kleinfeld, received allocations, indicating strong insider confidence in the company’s growth prospects.
More about Kingfish Zeeland BV
The Kingfish Company operates in the sustainable land-based aquaculture industry, focusing on the production of high-quality yellowtail kingfish. The company emphasizes sustainability, utilizing advanced recirculating aquaculture systems to ensure biosecurity and protect biodiversity. Its operations are powered entirely by renewable energy, and its products are certified as environmentally friendly by several organizations. Kingfish is expanding its production capacity in the Netherlands and the US.
YTD Price Performance: -1.40%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €56.56M
For a thorough assessment of 93G stock, go to TipRanks’ Stock Analysis page.
