Desert Control launches NOK 75m rights issue, subscription period opens
Desert Control AS announced today the registration of its national prospectus for a fully underwritten rights issue, targeting gross proceeds of NOK 75 million. This follows previous announcements on August 21 and September 5, 2025, regarding the capital raise.
The subscription period for the rights issue commenced on September 10, 2025, and will conclude on September 24, 2025. Investors can access the prospectus on Arctic Securities AS's website. Subscription rights will be tradable on Euronext Growth Oslo from September 10, 2025, until September 18, 2025.
Arctic Securities AS is acting as the manager and bookrunner for the rights issue. Desert Control specializes in innovative solutions to enhance soil health and combat desertification through its patented Liquid Natural Clay technology.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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