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Proximar Seafood Announces NOK 150 Million Rights Issue

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Proximar Seafood Announces NOK 150 Million Rights Issue

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The latest update is out from Proximar Seafood AS ( (DE:84Q) ).

Proximar Seafood AS has announced updated key information regarding its fully underwritten rights issue, aiming to raise NOK 150 million. The rights issue involves the issuance of up to 150 million new shares at a subscription price of NOK 1 per share, with the subscription rights to be listed on Euronext Growth Oslo. This financial move is contingent upon approval by the extraordinary general meeting and agreements from convertible bondholders, potentially impacting the company’s financial structure and market presence.

More about Proximar Seafood AS

Proximar Seafood is a Norwegian land-based salmon farming company with its first production facility located at the foot of Mount Fuji in Japan. The company focuses on producing fresh Atlantic Salmon using high-quality groundwater, providing advantages in reduced cost and carbon footprint due to its proximity to a major fish market.

YTD Price Performance: -70.81%

Average Trading Volume: 375,571

Current Market Cap: NOK148.6M

Find detailed analytics on 84Q stock on TipRanks’ Stock Analysis page.

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