Nokomis Capital Ups Stake in Atlantic Sapphire

Atlantic Sapphire (AASZF) has released an update.

Nokomis Capital, LLC has acquired a significant stake in Atlantic Sapphire ASA through a rights offering, crossing the 15% threshold of outstanding shares and voting rights. This investment has resulted in the holding of over 982 million shares, making them a notable shareholder. Additionally, Nokomis Capital has been allocated warrants that could further increase their influence if exercised.

For further insights into AASZF stock, check out TipRanks’ Stock Analysis page.