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Nordic Semiconductor ASA ( (GB:0FF9) ) just unveiled an announcement.
Nordic Semiconductor ASA is planning a private placement to raise approximately USD 100 million to refinance a bridge loan used for strategic acquisitions. This move aims to maintain the company’s solid cash position and support its current strategy and financial targets, potentially strengthening its market position and offering flexibility for future growth.
The most recent analyst rating on (GB:0FF9) stock is a Hold with a NOK145.00 price target. To see the full list of analyst forecasts on Nordic Semiconductor ASA stock, see the GB:0FF9 Stock Forecast page.
More about Nordic Semiconductor ASA
Nordic Semiconductor ASA is a leader in ultra-low power wireless solutions, offering Bluetooth low energy and multiprotocol products, as well as long-range cellular IoT solutions. The company serves a diverse market including consumer electronics, wearables, building and retail, and healthcare.
Average Trading Volume: 660,334
Current Market Cap: NOK29.73B
Learn more about 0FF9 stock on TipRanks’ Stock Analysis page.