Norbit ASA (DE:4NK) has released an update.
Norbit ASA has successfully completed a private placement, issuing 2,597,403 new shares at NOK 77 each, to raise NOK 200 million in proceeds. The capital raised will partially fund the acquisition of INNOMAR Technologie GmbH and strengthen the company’s financial position for future growth. The offering garnered high interest and was substantially oversubscribed, with key investors like Reitan Kapital and the CEO’s company, Petors AS, making significant pre-commitments.
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