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Nordic Halibut AS ( (DE:9K1) ) has issued an announcement.
Nordic Halibut AS has announced a Subsequent Offering of up to 1,150,000 new shares at NOK 20 per share, aiming to raise NOK 23 million. This offering is targeted at existing shareholders who were not part of the previous private placement. The subscription period runs from 17 March to 28 March 2025, with shares expected to commence trading on Euronext Growth Oslo by 9 April 2025. This move is part of the company’s strategy to strengthen its financial position and support its growth plans in the Atlantic halibut farming industry.
More about Nordic Halibut AS
Nordic Halibut AS is a leading Atlantic halibut farming company based in Western Norway, with headquarters in Averøy, Nordmøre. The company has a fully integrated value chain from genetics to sales and has achieved a significant breakthrough in early phase production. It aims to expand production volumes with targets of 4,500 tonnes HOG by 2027 and 10,350 tonnes HOG by 2031, focusing on value accretive organic growth to enhance shareholder value.
YTD Price Performance: -9.44%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €89.73M
For detailed information about 9K1 stock, go to TipRanks’ Stock Analysis page.