Proximar Seafood AS announced a private placement of 70,000,000 common shares at a price of NOK 2 per share for gross proceeds of NOK 140,000,000 on December 14, 2023. The transaction is expected to close on or about January 5, 2024. The transaction has been approved by the board of directors of the company.

The transaction is subject to approval by the extraordinary general meeting expected to be held on or about 2 January 2, 2024.