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Kingfish Zeeland BV Raises EUR 14 Million in Private Placement
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Kingfish Zeeland BV Raises EUR 14 Million in Private Placement

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An update from Kingfish Zeeland BV ( (DE:93G) ) is now available.

Kingfish Zeeland BV has successfully executed a fully underwritten private placement, raising EUR 14 million by issuing over 31 million new shares. This strategic financial maneuver increases the company’s share capital and supports its expansion ambitions in the Netherlands and the US, reinforcing its position in the sustainable aquaculture industry.

More about Kingfish Zeeland BV

The Kingfish Company is a leader in sustainable land-based aquaculture, focusing on high-value yellowtail kingfish production. With facilities in the Netherlands and plans for expansion in the US, the company employs advanced recirculating aquaculture systems to ensure biosecurity and animal welfare. Their operations utilize 100% renewable energy and sea water, aligning with environmental sustainability certifications.

YTD Price Performance: -1.40%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €56.35M

See more insights into 93G stock on TipRanks’ Stock Analysis page.

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