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An update from REC Silicon ASA ( (RNWEF) ) is now available.
REC Silicon ASA has completed the subscription period for its fully underwritten rights issue of 4,078,000,000 new shares at NOK 0.2385 each, aimed at raising gross proceeds of NOK 972.6 million. Preliminary figures show investors subscribed for 153,182,661 shares, with the remainder to be taken up by underwriter Anchor AS, underscoring strong reliance on underwriting support to secure the planned capital raise.
Final allocation of offer shares is expected around 8 April 2026, with payment due by 10 April 2026, marking a tight execution timetable for investors. The transaction, managed by Arctic Securities with Schjødt as legal adviser, is set to significantly strengthen REC Silicon’s balance sheet and liquidity, with potential implications for its investment capacity and competitive position in the global solar and electronics materials market.
More about REC Silicon ASA
REC Silicon ASA is a Norway-based producer of advanced silicon materials, supplying high-purity silicon gases to solar and electronics manufacturers worldwide. Leveraging more than four decades of industry experience and proprietary technology, the company targets global renewable energy and semiconductor supply chains and is listed on the Oslo Stock Exchange under the ticker RECSI.
Average Trading Volume: 1,468,221
Current Market Cap: NOK1.24B
Find detailed analytics on RNWEF stock on TipRanks’ Stock Analysis page.