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Proximar Seafood Announces Rights Issue to Bolster Financial Position

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Proximar Seafood Announces Rights Issue to Bolster Financial Position

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Proximar Seafood AS ( (DE:84Q) ) has issued an announcement.

Proximar Seafood AS has announced the approval of a fully underwritten rights issue to raise capital through the issuance of 150,000,000 new shares at NOK 1 per share. This move, approved by the Financial Supervisory Authority of Norway, aims to strengthen the company’s financial position and support its operations, with the shares to be listed on the Oslo Stock Exchange.

More about Proximar Seafood AS

Proximar Seafood is a Norwegian company specializing in land-based salmon farming, with its primary production facility located near Mount Fuji in Japan. The company focuses on producing fresh Atlantic Salmon using high-quality groundwater, benefiting from reduced costs and carbon footprint due to its proximity to major fish markets.

Average Trading Volume: 396,487

Current Market Cap: NOK145.5M

Learn more about 84Q stock on TipRanks’ Stock Analysis page.

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