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Saga Pure ASA ( (DE:SAT) ) just unveiled an announcement.
Saga Pure ASA has successfully completed a private placement, raising approximately USD 12 million through the issuance of 90,000,000 new shares. This capital increase, facilitated by Tycoon Industrier AS through a share lending agreement, is expected to impact Saga Pure ASA’s financial positioning, potentially enhancing its market operations and stakeholder value.
More about Saga Pure ASA
Average Trading Volume: 1,942,692
Current Market Cap: NOK661.9M
For a thorough assessment of SAT stock, go to TipRanks’ Stock Analysis page.