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Proximar Seafood Completes Rights Issue to Strengthen Market Position

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Proximar Seafood Completes Rights Issue to Strengthen Market Position

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Proximar Seafood AS ( (DE:84Q) ) has shared an update.

Proximar Seafood AS successfully completed a fully underwritten rights issue, raising funds through the allocation of 150,000,000 offer shares at NOK 1 per share. The issuance, which included shares for underwriters as commission, is expected to enhance the company’s capital structure, with shares becoming tradable on Euronext Oslo Børs by mid-October 2025. This strategic financial move is likely to bolster Proximar’s operations and market positioning, providing stakeholders with potential growth opportunities.

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, offering advantages in reduced cost and carbon footprint due to its proximity to major fish markets.

YTD Price Performance: -70.60%

Average Trading Volume: 438,248

Current Market Cap: NOK315.6M

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

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