Brief: Biofish Holding Contemplates Private Placement

BioFish Holding AS

12/01/2023 15:52

Jan 12 (Reuters) - Biofish Holding AS  BFISH.OL :
    * CONTEMPLATED PRIVATE PLACEMENT
    * CONTEMPLATED PRIVATE PLACEMENT OF 45 - 55 MILLION NEW SHARES IN COMPANY RAISING GROSS
PROCEEDS
OF NOK 45 - 55 MILLION
    * SUBSCRIPTION PRICE PER OFFER SHARE IS NOK 1
    * NET PROCEEDS FROM PRIVATE PLACEMENT WILL BE APPLIED AS FOLLOWS:  NOK 15 MILLION TO REPAY
SHORT-TERM DEBT.
    * NET PROCEEDS WILL BE APPLIED AS FOLLOWS: NOK 15-20 MILLION FOR COMPLETION OF PLANNED
PRODUCTION
FACILITIES.
    * NET PROCEEDS WILL BE APPLIED AS FOLLOWS: REMAINDER FOR WORKING CAPITAL AND GENERAL
CORPORATE
PURPOSES.

Source text for Eikon:  ID:nObiqRhTCa 
Further company coverage:  BFISH.OL 
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