Atlantic Sapphire (AASZF) has released an update.
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Atlantic Sapphire ASA has announced a partially underwritten rights issue aiming to raise up to USD 64 million by issuing over 6 billion new shares. The company, known for its innovative land-raised salmon farming, is supported by a consortium of investors underwriting the majority of the share subscription. This capital increase is part of Atlantic Sapphire’s strategic efforts to expand its operations and enhance production capacity.
For further insights into AASZF stock, check out TipRanks’ Stock Analysis page.
