tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Hofseth Biocare ASA Completes Private Placement

Story Highlights
Hofseth Biocare ASA Completes Private Placement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Hofseth Biocare ASA ( (HOFBF) ).

Hofseth Biocare ASA announced the completion of a private placement involving the allocation of 28,666,666 new shares to Hofseth International AS at a subscription price of NOK 1.80. This strategic move is part of the company’s efforts to strengthen its financial position and potentially enhance its market presence.

More about Hofseth Biocare ASA

YTD Price Performance: 21.18%

Average Trading Volume: 97,910

Current Market Cap: NOK846.8M

See more data about HOFBF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1