Aqua Bio Technology ASA Extends Private Placement Application Period

Aqua Bio Technology ASA ( (DE:3FZ) ) has issued an update.

Aqua Bio Technology ASA has announced an extension of the application period for its conditional private placement of new shares until March 11, 2025. This extension allows more time for potential investors to participate, with notifications of conditional allocation expected around the same date, and an extraordinary general meeting to discuss share capital increases scheduled for early April 2025. This move could potentially impact the company’s capital structure and market positioning.

More about Aqua Bio Technology ASA

Aqua Bio Technology ASA is a company focused on developing and commercializing sustainable biotechnology for skincare products. Their offerings include highly effective cosmetic ingredients that provide natural alternatives to traditional components, and they also market and distribute natural skincare products developed by partners to both consumers and professional users. The company is listed on Euronext Expand.

YTD Price Performance: -17.37%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €16.65M

Learn more about 3FZ stock on TipRanks’ Stock Analysis page.