Atlantic Sapphire Advances Reverse Share Split Strategy

Atlantic Sapphire (AASZF) has released an update.

Atlantic Sapphire ASA has approved a reverse share split at a ratio of 200:1, which includes a share capital increase with Strawberry Capital AS subscribing to 551 new shares. This move aims to enhance the company’s capital structure as it continues to expand its innovative land-raised salmon farming operations in Florida.

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