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Ocean Sun AS Completes Successful Private Placement

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Ocean Sun AS Completes Successful Private Placement

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Ocean Sun AS ( (DE:OW7) ) has shared an update.

Ocean Sun AS has successfully completed a private placement, issuing 4,948,620 new shares and raising NOK 9,897,240. This capital increase, now registered with the Norwegian Register of Business Enterprises, strengthens Ocean Sun’s financial position as it pursues its vision of leading the floating solar technology market.

More about Ocean Sun AS

Ocean Sun AS is a company that combines Norwegian maritime expertise with photovoltaic technology to develop innovative floating solar solutions. Their patented technology features solar modules mounted on hydro-elastic membranes, providing unique cost and performance advantages. With offices in Oslo, Singapore, and Shanghai, Ocean Sun aims to become the world’s leading provider of floating solar technology.

Average Trading Volume: 48,320

Current Market Cap: NOK78.22M

See more data about OW7 stock on TipRanks’ Stock Analysis page.

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