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An update from Nordic Halibut AS ( (DE:9K1) ) is now available.
Nordic Halibut AS announced the conclusion of its subscription period for a subsequent offering of up to 1,150,000 new shares, with 83,487 shares subscribed at NOK 20 each, raising NOK 1,669,740 in gross proceeds. The share capital increase is expected to be registered by 8 April 2025, and the new shares are anticipated to commence trading on Euronext Growth Oslo by 9 April 2025, marking a strategic move to support the company’s growth plans.
More about Nordic Halibut AS
Nordic Halibut is a leading farmer of Atlantic halibut 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 a significant breakthrough in early phase production. It has a growth plan to expand production volumes, aiming for 4,500 tonnes HOG by 2027 and 10,350 tonnes HOG by 2031, focusing on value accretive organic growth.
YTD Price Performance: -2.82%
Technical Sentiment Signal: Hold
Current Market Cap: €135.4M
Learn more about 9K1 stock on TipRanks’ Stock Analysis page.