Brief: Atlantic Sapphire Contemplates Underwritten Private Placement
29/02/2024 15:45
Feb 29 (Reuters) - Atlantic Sapphire ASA ASA.OL :
* ATLANTIC SAPPHIRE ASA: CONTEMPLATED UNDERWRITTEN PRIVATE
PLACEMENT AND Q4 2023 OPERATIONAL UPDATE
* TO RAISE GROSS PROCEEDS OF NOK EQUIVALENT OF ABOUT USD 35
MILLION
* SUBSCRIPTION PRICE WILL BE DETERMINED VIA ACCELERATED
BOOK-BUILDING BUT NOT BE LOWER THAN NOK 1.20
* WILL USE PROCEEDS TO SUPPORT PHASE 1 TO PROVEN STATE,
GENERAL
CORPORATE PURPOSES
Source text for Eikon: ID:nObivMqYja
Further company coverage: ASA.OL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))
Recent news on Atlantic Sapphire ASA
See all newsBrief: Atlantic Sapphire Agrees Raise Of Additional Bridge Loan
Brief: Atlantic Sapphire Says Co Enters Into Restructuring Agreement
Brief: Atlantic Sapphire Says Bridge Loan Secured And Update On The Potential Refinancing
Brief: Atlantic Sapphire Updates On Previously Announced Financing Requirement
Brief: Atlantic Sapphire Says Evaluating Financing To Support Continued Execution Toward EBITDA Breakeven