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Nordic Halibut AS ( (DE:9K1) ) just unveiled an announcement.
Nordic Halibut AS announced the conclusion of its subscription period for a subsequent offering of up to 1,150,000 new shares, aimed at raising NOK 23 million. The offering is part of the company’s strategy to support its growth plans, with shares expected to begin trading on Euronext Growth Oslo by April 9, 2025. The completion of the offering is contingent upon board approval, payment, and registration processes. This move is expected to bolster the company’s financial position and support its expansion goals, potentially impacting its market standing and stakeholder interests.
More about Nordic Halibut AS
Nordic Halibut AS is a prominent Atlantic halibut farming company based in Western Norway, with its headquarters in Averøy, Nordmøre. The company boasts a fully integrated value chain from genetics to sales and has achieved significant advancements in early phase production. It aims to expand its production volumes, targeting 4,500 tonnes HOG by 2027 and 10,350 tonnes HOG by 2031, focusing on organic growth to enhance shareholder value.
YTD Price Performance: -2.82%
Technical Sentiment Signal: Hold
Current Market Cap: €135.4M
See more insights into 9K1 stock on TipRanks’ Stock Analysis page.