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Proximar Seafood AS ( (DE:84Q) ) has shared an update.
Proximar Seafood AS has announced a refinancing plan that includes amendments to its debt capital, a private placement, and a fully underwritten rights issue aimed at raising NOK 150 million. The proceeds will be used for refinancing existing loans, general corporate purposes, and to support a shift in the harvest plan to improve harvest weights and price achievement. The rights issue, subject to shareholder approval, will involve tradeable subscription rights, and is backed by a group of investors representing 26.46% of the company’s shares.
More about Proximar Seafood AS
Proximar Seafood is a Norwegian company specializing in land-based salmon farming, with its first production facility located near Mount Fuji in Japan. The company focuses on producing fresh Atlantic Salmon using high-quality groundwater, benefiting from its proximity to major fish markets, which reduces costs and carbon footprint.
Average Trading Volume: 361,941
Current Market Cap: NOK142.2M
See more insights into 84Q stock on TipRanks’ Stock Analysis page.