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Prosafe Concludes Subscription Period for Warrants Offering

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Prosafe Concludes Subscription Period for Warrants Offering

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Prosafe ( (GB:0J5Y) ) just unveiled an update.

Prosafe has announced the conclusion of its subscription period for an offering of up to 17,868,651 warrants. This move is part of the company’s strategic financial maneuvers to strengthen its market position and operational capabilities. The offering is managed by DNB Bank ASA, with legal advice from Advokatfirmaet Schjødt AS, and is expected to impact stakeholders by potentially enhancing the company’s financial flexibility and market competitiveness.

More about Prosafe

Prosafe is a leading owner and operator of semi-submersible accommodation vessels, listed on the Oslo Stock Exchange with the ticker code PRS.

Average Trading Volume: 112,918

Current Market Cap: NOK1.08B

See more insights into 0J5Y stock on TipRanks’ Stock Analysis page.

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