Aqua Bio Technology ASA ( (DE:3FZ) ) has provided an announcement.
Aqua Bio Technology ASA has announced a Subsequent Offering of up to 20,000,000 new shares, aimed at raising up to NOK 10,000,000. This offering is directed towards shareholders as of 11 March 2025, excluding those who participated in the Private Placement or reside in jurisdictions where the offering is unlawful. The subscription period runs from 27 March to 3 April 2025, with non-tradable subscription rights granted to eligible shareholders. This move is part of ABT’s strategy to strengthen its capital base, potentially impacting its market position and offering stakeholders an opportunity to invest further in the company’s growth.
More about Aqua Bio Technology ASA
Aqua Bio Technology ASA (ABT) is a company focused on developing and commercializing sustainable biotechnology for skincare products. The company provides natural alternatives to traditional cosmetics ingredients and markets these products to consumers and professional users. ABT is listed on the Euronext Expand market of the Oslo Stock Exchange.
YTD Price Performance: -75.29%
Technical Sentiment Signal: Buy
Current Market Cap: €5.75M
For an in-depth examination of 3FZ stock, go to TipRanks’ Stock Analysis page.