Eqva ASA Initiates Private Placement to Fund Expansion
Company Announcements

Eqva ASA Initiates Private Placement to Fund Expansion

Havyard Group ASA (DE:1H2) has released an update.

Eqva ASA has launched a private placement of new shares to raise between NOK 15 and 25 million at NOK 4.80 per share, directed towards Norwegian and international investors. The funds raised will be used for business expansion, including M&A transactions that align with the company’s strategic focus, and for general corporate purposes. The offering is supported by underwriters who have committed to a minimum amount, with a bookbuilding period starting on October 3, 2024, and potential adjustments to the period’s length.

For further insights into DE:1H2 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskEqva ASA Boosts Capital for Strategic Growth
TipRanks European Auto-Generated NewsdeskEqva ASA Secures Funds for Expansion Through Placement
TipRanks European Auto-Generated NewsdeskEqva ASA Completes Private Placement Funding
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App