Proximar Seafood's rights issue prospectus approved by Finanstilsynet

The Financial Supervisory Authority of Norway (Finanstilsynet) has approved Proximar Seafood AS's prospectus for a fully underwritten rights issue of 150,000,000 new shares. The shares will be offered at a subscription price of NOK 1 per share. The prospectus also covers the listing of 13,500,000 new shares issued to underwriters as a fee.

The subscription period for the rights issue is scheduled to commence on 22 September 2025 and conclude on 6 October 2025. Subscription rights will be tradable on Euronext Growth Oslo from 22 September 2025 to 30 September 2025.

Proximar Seafood, a land-based salmon farming company operating near Mount Fuji in Japan, performed its first harvest on 30 September 2024.