Alginor ASA has now launched a private placement where the subscription period will close on August 23rd. Up to 60,000 shares will be issued with a subscription price of NOK 75.00 per share. The new equity funds for this round comes to NOK 4,500,000.
The funds will be used for Alginor’s harvesting technology project (Hypomar) and laboratory and micro factory project (Victoria).
Alginor has a by-law stipulating that the company will seek to list its shares on the stock exchange, and the shares are freely tradeable and registered in VPS.