Salmon Evolution ASA Raises NOK 365M in Placement

Salmon Evolution ASA (DE:60E) has released an update.

Salmon Evolution ASA has successfully completed a private placement, issuing 48.7 million new shares at NOK 7.50 each, to raise approximately NOK 365 million. Key insiders and their associates were significant participants in the placement. The company, a leader in land-based salmon farming, aims to leverage its hybrid flow-through system technology for global expansion.

For further insights into DE:60E stock, check out TipRanks’ Stock Analysis page.