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The latest announcement is out from Arribatec Group ASA ( (DE:B7Z0) ).
Arribatec Group ASA has successfully completed a rights issue generating gross proceeds of NOK 35 million, along with a director offering raising an additional NOK 6 million. This capital increase, now registered with the Norwegian Register of Business Enterprises, brings the company’s total share capital to NOK 41,957,220.60, divided into 419,572,206 shares. The financial maneuver is expected to bolster the company’s operations and potentially enhance its market positioning.
More about Arribatec Group ASA
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €8.69M
Find detailed analytics on B7Z0 stock on TipRanks’ Stock Analysis page.
