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Atlantic Sapphire ( (AASZF) ) has issued an announcement.
Atlantic Sapphire ASA has announced a reverse share split at a ratio of 200:1, affecting both shares and warrants, effective from January 2025. This strategic move, which includes a change in ISIN for shares and suspension of warrants trading, is expected to streamline their stock structure without impacting overall shareholder value, aligning with their goal of optimizing operations as they expand their production capabilities.
More about Atlantic Sapphire
Atlantic Sapphire ASA is a company pioneering in land-raised salmon farming, aiming to transform global protein production. They have developed their Bluehouse® technology, enabling large-scale production of salmon close to consumer markets. With operations in the US, notably in Homestead, Florida, they have an operational Phase 1 facility and are expanding to increase their production capacity significantly.
YTD Price Performance: 0%
Average Trading Volume: 264,262
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $50.93M
See more data about AASZF stock on TipRanks’ Stock Analysis page.