Solstad Offshore Completes Successful Share Offering

Solstad Offshore ASA (SLOFF) has released an update.

Solstad Maritime Holding AS (SMH) successfully completed a share offering, raising approximately NOK 750 million by issuing 63,497,303 new shares at NOK 11.82 each. All valid subscriptions based on rights were allocated, with underwriter Aker Capital AS subscribing for any remaining shares. Post-offering, Aker Capital AS will hold approximately 42% stake in SMH.

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