Proximar Seafood AS said on January 25, 2021 that it has raised NOK 400 million (USD 47 million/EUR 38.7 million) from a private placement to Nordic and international investors, including Nutreco N.V., as it presses on with public listing plans. Proximar sold about 24.7 million new shares at a price of NOK 16.20 apiece in the placement, which was more than 10 times oversubscribed excluding shares pre-allocated to Nutreco and cornerstone investors, including DNB ASA (OB:DNB), Klaveness Marine and others, who subscribed for NOK 120 million worth of new shares in total. Nutreco alone purchased 2.7 million new shares for NOK 35 million. Members of the Grieg family, including Proximar top executives Per Grieg and Thomas Grieg - part of family-founded Grieg Maturitas AS, also participated in the placement acquiring some 1.4 million shares. The share sale is a pre-condition for the company's initial public offering (IPO) on the growth segment of Euronext Oslo, which is set to take place on or around February 3.