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Proximar Seafood Completes Rights Issue, Boosts Share Capital

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Proximar Seafood Completes Rights Issue, Boosts Share Capital

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Proximar Seafood AS ( (DE:84Q) ) has shared an update.

Proximar Seafood has successfully completed a rights issue, resulting in the subscription and allocation of 150 million shares and the issuance of an additional 13.5 million shares to underwriters. This move increases the company’s registered share capital to NOK 31,989,006, potentially strengthening its financial position and market presence.

More about Proximar Seafood AS

Proximar Seafood is a Norwegian company specializing in land-based salmon farming. It operates a production facility near Mount Fuji in Japan, utilizing high-quality groundwater to produce fresh Atlantic Salmon. The company’s strategic location near a major fish market offers cost and environmental benefits.

Average Trading Volume: 365,320

Current Market Cap: NOK316.7M

For a thorough assessment of 84Q stock, go to TipRanks’ Stock Analysis page.

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