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An update from Saga Pure ASA ( (DE:SAT) ) is now available.
Saga Pure ASA has successfully completed a private placement, raising NOK 121.5 million (approximately USD 12 million) through the allocation of 90,000,000 new shares at a subscription price of NOK 1.35 each. The company has entered into a share lending agreement with Arctic Securities AS and Tycoon Industrier AS to facilitate the settlement of this private placement, with Tycoon Industrier AS lending out existing shares to be settled by re-delivery of new shares after the registration of the share capital increase.
More about Saga Pure ASA
Average Trading Volume: 457,616
Current Market Cap: NOK659.4M
For an in-depth examination of SAT stock, go to TipRanks’ Overview page.