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Kingfish Company Executes Private Placement to Raise EUR 14 Million

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Kingfish Company Executes Private Placement to Raise EUR 14 Million

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Kingfish Zeeland BV ( (DE:93G) ) has provided an announcement.

The Kingfish Company has successfully executed the issuance of 11,084,900 shares as part of a private placement, raising EUR 14 million, which will influence its market operations and expansion plans. This move is expected to bolster its financial foundation, supporting future endeavors in sustainable aquaculture and strengthening its market positioning.

More about Kingfish Zeeland BV

The Kingfish Company is a leader in sustainable land-based aquaculture, producing high-quality yellowtail kingfish at its facility in the Netherlands with plans for expansion in the Netherlands and the US. The company uses advanced recirculating aquaculture systems to ensure environmental sustainability and operates on 100% renewable energy.

YTD Price Performance: -7.44%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €50.85M

For a thorough assessment of 93G stock, go to TipRanks’ Stock Analysis page.

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