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Carbon Transition ASA ( (DE:S5B) ) has provided an update.
Aquila Holdings has finalized the settlement of its financial asset related to the sale of ocean bottom node equipment to TGS, receiving a year-three floor payment of USD 1.5 million. This transaction underscores the company’s dedication to providing value to shareholders while maintaining a lean cost structure, with further financial details to be disclosed in their upcoming quarterly report.
More about Carbon Transition ASA
Aquila Holdings ASA is a Norwegian seismic multi-client and investment company listed on Euronext Expand. The company specializes in 3D ocean bottom node seismic multi-client data for near-field exploration, with key assets in Norway and Egypt. Additionally, Aquila Holdings has an investment arm focusing on investments in listed companies and those expected to be listed.
YTD Price Performance: -10.0%
Average Trading Volume: 12,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €11.21M
Learn more about S5B stock on TipRanks’ Stock Analysis page.