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The latest announcement is out from Saga Pure ASA ( (DE:SAT) ).
Saga Pure ASA successfully completed a private placement, raising NOK 121.5 million (approx. USD 12 million) through the allocation of 90 million new shares at NOK 1.35 each. Tycoon Industrier AS, associated with Øystein Stray Spetalen, was allocated a significant portion of the shares, indicating strategic financial maneuvers that could impact Saga Pure ASA’s market positioning and stakeholder interests.
More about Saga Pure ASA
Average Trading Volume: 451,149
Current Market Cap: NOK659.4M
Learn more about SAT stock on TipRanks’ Stock Analysis page.