Nordic Financials approves reverse stock split and capital increase

Nordic Financials ASA (NOFIN) held an Extraordinary General Meeting on October 13, 2025, where all proposals from the board of directors were approved. These included a substantial 175:1 reverse stock split, consolidating 175 shares into one.

To facilitate the reverse split, the share capital will be increased by NOK 1.04 through the issuance of 104 new shares. Following registration, Nordic Financials ASA's share capital will total NOK 34,464,587.50, divided into 19,694,050 shares. The resolutions also included amendments to the company's articles of association and board authorizations for future capital increases and convertible loans.