Solstad Offshore ASA ( (SLOFF) ) just unveiled an announcement.
Solstad Maritime Holding AS plans to list its shares on Euronext Oslo Børs in Q2 2025, following a NOK 750 million equity raise in 2024. The listing, supported by major shareholders Aker Capital, Solstad Offshore, and AMSC, aims to enhance the company’s growth potential and provide liquidity for shareholders. AMSC plans to distribute its 19.6% stake in SMH to its shareholders, increasing the free float of shares. The listing is subject to regulatory approvals and other conditions. The move is expected to capitalize on the healthy market for offshore vessels, benefiting stakeholders in Solstad Maritime Holding and Solstad Offshore.
More about Solstad Offshore ASA
Solstad Maritime Holding AS (SMH) is a leading provider of specialized offshore tonnage to the global energy markets, including oil, gas, and renewables industries. The company owns 32 vessels and provides additional services such as ROV and surveys, focusing on regions like Brazil, the North Sea, Southeast Asia, Australia, and Africa. With over 1,700 employees, SMH operates worldwide.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $290.1M
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