Brief: Akastor Says HMH Prices IPO At $20 Per Share

Akastor ASA

01/04/2026 08:40

April 1 (Reuters) - Akastor ASA AKAST.OL:

SAID ON TUESDAY HMH ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING (IPO)

HMH PRICED THE IPO OF 10,520,000 SHARES OF ITS CLASS A COMMON STOCK AT USD 20 PER SHARE

AT COMPLETION OF IPO, AKASTOR WILL REDUCE ITS OWNERSHIP IN HMH TO ABOUT 37% BY EXCHANGING PORTION OF ITS OWNERSHIP INTERESTS IN HMH FOR PAYMENT OF ABOUT USD 19.7 MLN IN NET CASH PROCEEDS

 Source text for Workspace: nMFN19TbDZ
 Further company coverage: AKAST.OL

 (Gdansk Newsroom)

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