Firda triggers mandatory offer for Airthings shares

Airthings ASA announced the successful registration of new share capital resulting from a NOK 80 million private placement, part of a NOK 105 million capital injection. This registration follows the initial announcement on September 11, 2025, which also included a NOK 25 million subsequent offering.

As a direct consequence of the new share issuance, Firda AS now holds 416,570,184 shares, representing approximately 41.69% of Airthings' outstanding shares and votes. This stake has triggered a mandatory offer obligation under Chapter 6 of the Norwegian Securities Trading Act. Firda will make a mandatory offer for the remaining shares at NOK 0.10 per share, the highest price paid by Firda in the last six months.

Firda has confirmed its intention to proceed with the offer as soon as regulatory approval from Finanstilsynet is obtained for the offer document. It was previously stated that underwriters and subscribers in the private placement have committed not to accept this mandatory offer for their shares.