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Proximar Seafood AS ( (DE:84Q) ) has provided an update.
Proximar Seafood AS has announced a fully underwritten rights issue to raise NOK 150 million as part of its refinancing plan. This move, subject to approval and bondholder agreements, aims to strengthen the company’s financial position and support its operations, with subscription rights to be listed on Euronext Growth Oslo.
More about Proximar Seafood AS
Proximar Seafood is a Norwegian company specializing in land-based salmon farming. It operates its first production facility near Mount Fuji in Japan, leveraging high-quality groundwater to produce fresh Atlantic Salmon, which is harvested the same day. The company’s strategic location near a major fish market offers advantages in cost and carbon footprint reduction.
Average Trading Volume: 361,941
Current Market Cap: NOK142.2M
For a thorough assessment of 84Q stock, go to TipRanks’ Stock Analysis page.